Frequently Asked
What exactly is a 721 exchange, and why should I consider it?
A 721 exchange allows landlords to exchange their rental properties for units in a diversified real estate fund, deferring capital gains taxes. It’s ideal if you're looking to exit direct property ownership while continuing to benefit financially from real estate investments.
How does Harvest simplify the 721-exchange process for landlords?
Harvest’s industry experts manage all aspects of the 721 exchanges. From property assessment to closing. Our easy-to-use platform streamlines paperwork, ensures compliance and transparency, and removes daily management stress, giving you peace of mind.
Will I lose control of my investment after exchanging my property with Harvest?
No. You retain full financial ownership through operating units in our fund, enjoying professional management without direct responsibility. This structure also simplifies estate planning, making it easy to transfer your wealth efficiently to your heirs.
My kids don't want to be landlords. How does Harvest help with estate planning?
Harvest’s structure allows you to effortlessly transfer wealth to your heirs through fund units, eliminating the emotional and logistical burden of dividing physical properties or being forced to sell under pressure. Your heirs benefit from simplified estate handling and a tax-efficient wealth transfer.
What specific advantages does Harvest offer over traditional property sales?
Harvest enables you to defer capital gains taxes, eliminates property maintenance responsibilities, provides portfolio diversification, and offers professional asset management, all in one simplified transaction.
How diversified is Harvest's investment portfolio?
Our fund invests in residential properties nationwide, significantly reducing risk and promoting steady, long-term growth compared to single-property investments.
Who will manage my properties after the exchange?
Harvest professionally manages all properties, utilizing our experienced team to handle tenant relations, maintenance, leasing, and financial oversight. You’re freed from daily management tasks, allowing you to focus on other priorities.
What fees are involved with using Harvest, and are there hidden charges?
Harvest offers clear and transparent fees: a 5% onboarding fee and a 1% annual management fee, with no hidden surprises. You’ll always know exactly what to expect.
How can I access cash or liquidity through Harvest if needed?
You can redeem your operating units through our straightforward redemption process, tailored around your personal financial planning and liquidity requirements, providing flexibility when you need it most.
How do I get started with Harvest, and what is the first step?
Getting started with Harvest is easy, simply schedule an introductory call or complete our brief online form. Our team will guide you step-by-step through your personalized 721 exchange journey.