
Recently, we have discussed many topics including what is a 1031 exchange, what is a Delaware Statutory Trust (DST) and how investors can build passive wealth by applying these powerful investment tools.
What is Exchange-X?
Exchange-X by MCG is a leading technology platform which provides a simple solution for real estate investors & exchange buyers to access, view, analyze and directly purchase investment grade real estate properties.
How does Exchange-X Work?
Anyone who has navigated a 1031 Exchange successfully knows the challenges related to exchanging from identifying the perfect replacement property to strict 1031 timelines. Having a simple, reliable, turnkey solution could save you from potentially owing significant capital gains taxes to the IRS.
Here is a step-by-step process of how simple Exchange-X works:
Marzo Capital Group partners with over 50 leading sponsors who create 1031 qualified Delaware Statutory Trusts (DSTs) to acquire institutional grade real estate.
Marzo Capital Group performs extensive due diligence on all potential real estate deals to ensure the investments are aligned with client interests.
Approved deals are added to the Exchange-X platform.
Create an account at MarzoCapitalGroup.com.
Members view and complete electronic documents to purchase beneficial units of the chosen deal.
Marzo Capital Group reviews and approves the purchase documents.
Investors fund the purchase (ACH Payment or Wire). If conducting a 1031 Exchange, the Qualified Intermediary (QI) is responsible to wire the funds on your behalf to complete the purchase.
Upon completion, investors receive a purchase confirmation.
Investors receive quarterly (or monthly) distributions and statements (if applicable) followed by periodic updates straight from the deal sponsor.
How to Access the Exchange-X Platform?
Creating an account is simple.
Investors can Create an account at www.MarzoCapitalGroup.com or contact us at info@marzocapitalgroup.com for a list of current properties.
Conclusion
We hope this article helped shed some light on what the Exchange-X by MCG platform is and how valuable it can be during a 1031 exchange. Although the 1031 exchange process can be complicated, gaining access to the industry’s leading alternative investment real estate platform can hold many benefits. Of course, there are many specific details we were not able to cover in this article, so do your research and consult with experts before investing.
If you are ready to start a 1031 exchange, or have any additional questions about how it might work for your specific situation, schedule a consultation with one of our experts at Marzo Capital Group.
To learn more about real estate investing and how a 1031 can complement your portfolio, visit the Marzo Capital Group Learning Center.
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