1031 Real Estate Exchanges DON'T LOSE YOUR EQUITY TO TAXES!
Are you selling property and not wanting to pay
high Capital Gains Tax on your equity? We have the answer
you've been looking for. We can provide you with an opportunity
to use your investment money on a 1031 EXCHANGE, and defer
your tax. A 1031 EXCHANGE allows you to continue to use
your equity from the sale of one property and use it on
another like property without paying a Capital Gains Tax.
Combs' Properties is currently selling brand new,
quality built, two and three bedroom triplex apartment
buildings in Clovis , New Mexico. These luxury units are
equipped with custom oak cabinetry, central air and heat,
coffered ceilings, tiled flooring, quality carpets and
all appliances, including microwave ovens and washers and
dryers. Our beautiful apartments are just minutes away
from Plains Medical Hospital , shopping and schools, making
them a very desirable rental investment. In addition to
low property taxes, these units have a great purchase price
of less than $94.00 per square foot, including land. We
are so excited to offer these spacious modern apartments
at such affordable prices.
The town of Clovis is a growing community with
a bright future. It has that small town atmosphere yet
provides adequate shopping, restaurants and medical facilities.
Cannon Air Force Base is just six miles west of town and
currently has an active military personnel of over 3,200
and with it's new mission, Special Ops, another 3,500 personnel
are being brought in, making Cannon a major contributor
to growing population of this area.
Portales, a bedroom community, located approximately
twenty minutes south of Clovis, was ranked
15th in the nation for best "Quality of Life" among micropolitan cities,
in a study done in 2006 by American City Business Journals.
It is also home to Eastern
New Mexico University with a
student body of about 4,200 and growing.
We have a number of newly constructed triplexes
in Portales , New Mexico that are priced under $81.00 per
square foot, including land.
Recently stories were published in the local papers
on the tight rental market in Clovis and Portales. We are
certain that with the Hospital expansion, Cannon's new
mission and the increase in enrollment at ENMU, there will
continue to be a great demand for rentals in the Clovis/Portales
Click here for 1031 Exchange property listings.
Several complexes in Portales have already been
sold, so hurry and don't miss the opportunity to use your
equity on a deferred tax 1031 Exchange!! The tentative
completion date on the new construction in Clovis is early
spring of 2007.