Search Results

New Mexico Council of Exchangors - Our mission is to educate, mentor and assist brokers with providing creative solutions for their commercial and residential real estate clients. About NMCE The New Mexico Council of Exchangors is a nonprofit, professional organization of licensed Real Estate Brokers that has been active for over 50 years. We are dedicated to educating property owners and real estate professionals to the benefits of Real Estate Exchanges, or “Equity Marketing”. The NMCE’s primary goal is to assist brokers and clients successfully complete transactions. Whether you are considering a 1031 Tax Deferred Exchange or trading property, our group can help you get it done! The NMCE has weekly, innovative marketing sessions that allow our members to exchange ideas, market properties, problem solve, and create transactions for our customers and clients. For more information, please visit the Contact Us Page and send us your info or feel free to reach out to any of the board members. We are happy to share more information about exposing your property to a buying, selling or exchanging opportunity. When the traditional “buy-sell” marketplace is not producing the desired results, a property excha nge, 1031 tax deferred exchange, or equity exchange, may be an alternative to consider! What is Equity Marketing? The merchandising of properties exclusive of cash, or at least the majority of the values transferred is in the form of unencumbered value in real property. Become a Member BACK TO TOP NMCE Mission Statement Our mission is to educate, mentor, and assist brokers with providing creative solutions for commercial and residential real estate clients, alike. We strive to counsel and guide our members through education and seminars in specialized fields such as Real Estate Contracts, Trades and Exchanges, and so much more! By building up the businesses of brokers and satisfying the needs of their clients through fairness and integrity, the NMCE can become the platform that creates trustworthy relationships between clients, brokers and vendors. Placing the brokers’ and their clients’ needs first, combined with expertise and collaboration, leads to successful transactions. Our goal is to become the premier Realtor Association of choice in the marketplace. Become a Member A Bit of Exchangor History The New Mexico Council of Exchangors was originally called the Albuquerque Real Estate Exchange. Below are some of the historical forms used early on in the group. AREE Package Form.pdf AREE Exchanging Seminar 3-29-84.pdf BACK TO TOP

Glossary Equity Marketing: The merchandising of properties exclusive of cash, or at least the majority of the values transferred is in the form of encumbered value in real p roperty. Section 1031: Section 1031 is a provision of the Intern al Revenue Code (IRC) that allows a business or the owners of investment property to defer federal taxes on some exchanges of real estate. Section 1031 allows investors in business properties to defer taxes on the profits of properties sold in order to raise cash to purchase other properties. It is sometimes called the Starker Loophole because the sale and purchase do not need to be simultaneous to qualify for the tax deferral. The Section 1031 benefit is not available to sellers or buyers of personal homes. Rules for Using Section 1031: Section 1031 defers tax on swaps of like-kind real estate done in a timely manner. There are a number of important steps to a properly structured 1031 exchange: The real estate purchased with the proceeds must be like-kind. The tax must be paid on any “boot” in the year of the 1031 exchange . A boot is an addition of value to the swap that is not real estate. Once the business or investment real estate is sold, like-kind real estate must be identified within 45 days and acquired within 180 days About Like-Kind Real Est ate Section 1031 defines like-kind as real estate that is held for productive use in a trade or business or for investment purposes. Section 1031 defers tax when this real estate is exchanged in a properly structured 1031 exchange for like-kind real estate that continues to be held for productive use in a trade or business or for investment. Like-kind properties are real estate assets of a similar nature that can be exchanged without incurring any tax liability under Section 1031 of the Internal Tax Code.1 Properties must be held for business or investment purposes but do not need to be similar in grade or quality. Primary residences do not qualify for a 1031 exchange.2 Properties must be held in the United States in order to qualify as like-kind. About the "Boot" Section 1031 allows an investor to give or receive cash or other property that is not like-kind in addition to the like-kind real estate being exchanged. Such additions to the deal, when given or received in a 1031 exchange, is called “boot.” IMPORTANT: To qualify, the investor must use the proceeds of the real estate sale for the new real estate investment within 180 days or the due date of the tax return. The boot triggers taxable gains or losses in the year of the exchange. The taxable amount that is not deferred by Section 1031 is the amount of the boot. The taxable amount that is deferred by Section 1031 is the capital gain or loss on the like-kind real estate exchanged. Timing of the Exchange Section 1031 gives a taxpayer who sells business or investment real estate 45 calendar days from the closing to identify up to three (and under certain circumstances four or more) like-kind replacement real estate properties. The replacement must be acquired and the 1031 exchange completed by the earlier of 180 calendar days or the due date (with extensions) of the taxpayer’s return. Source: Investopedia https://www.investopedia.com/terms/s/section1031.asp BACK TO TOP

Downloads 2025 Regional Meeting Flyer.pdf 2025 NMCE Regional Package Form.pdf 2025 Business Card Sponsor Flyer.pdf

2025 NMCE Regional Marketing Meeting Attendees Download List

Our Sponsors NMCE would like to express our gratitude to our Associate Members for their sponsorship. Take a moment to learn more about our sponsors and give them the opportunity to earn your business. Ryan Ayers (505) 525-0321 Get in Touch Laura Sandoval (505) 891-8733 Get in Touch Anthony Baca (505) 292-3800 Get in Touch Shawn Shetter Ashley Straus Martin (505) 295-4590 Get in Touch Richard Greene (505) 292-3200 Get in Touch Jazmyn McMillion (505) 250-7076 Get in Touch Terry White (505) 237-2225 Get in Touch INTERESTED IN BECOMING A SPONSOR? REACH OUT TO US! Become a Sponsor BACK TO TOP

2025 NMCE Business Card Sponsorship ($50) First name Last name Company Name Phone Email Tell Us About Your Business Website Submit Thank you for your support!

Resources Quick Reference Guide for VA Loans - Provided by Elonn Cochrane of Absolute Real Estate Why VA Matters in NMCE Deals (click below to download this handy reference guide) WHY VA MATTERS IN NMCE DEALS.pdf IRS Website (U.S. - for 1031 Exchange) IRS Publication 544 (Sales and Other Dispositions of Assets) and IRS Form 8824 (Like-Kind Exchanges) are key documents that provide official information about the rules, regulations, and tax implications of property exchanges in the U.S. IRS 1031 Exchange Information Investopedia is a popular online resource that provides comprehensive information on finance, investing, economics, and personal finance. It offers a wide range of articles, tutorials, and tools that are designed to help individuals understand complex financial concepts and make informed decisions. 1031 Definition and Rules for a 1031 Exchange

Package Information Exchangor's meetings are fast paced and the people in the room are all licensed professionals that are there acting on behalf of their clients. You must be a licensed broker and the primary on the deal in order to submit a package. These meetings are not intended for clients as we are discussing confidential information. The purpose of bringing a property package to an exchangor's meeting is to look for an exchange, equity trade or sale. This not an MLS pitch. The investors in these meetings are looking to sell investments, buy investments, and they're looking for the best deal for their clients. Presenting to exchangors is a great opportunity to get your property in front of a wide range of brokers in a short amount of time. Your ability to get people interested in your Package (property) starts with the two page package sheet!!! Fill it out completely and accurately!! Remember, this is your advertising platform so include any and all information you think would be beneficial to help other brokers make a determination if they want to make an offer. What's in the package? Accurate information Real numbers - things like actual income & actual expenses No projections - most brokers are not willing to guarantee income and expenses and projections just say what the property could be so an exchangors meeting is not the place for projections. Real motivations Real descriptions Suggestions for items to include in your package: Package presentations at NMCE are mostly paper but if you are providing electronic copies, links are a useful way to provide more details. Links to Google Maps Links to county assessor pages for verifying tax information Pictures - provide good quality pictures so other brokers can see the property and don't have to guess as to what it looks like. Any additional documents you think are important Presentation Format: Prior to the meeting, you will provide either the MLS listing number or if it's not listed, pertinent documentation to the person running the computer. They will use this information to share on screen with the group. Each presenter gets 3-5 minutes in front of the group. Keep a copy of your presentation in front of you so you can answer questions. A moderator is assigned to work with you during your presentation. Their job is to ask you questions about the property and to get the room engaged. Follow their lead. The moderator will then call for takers (buyers). If anyone is interested, they will write up the offer then and there or get your information and contact you after the meeting. The Importance of Preparing a Good Package: This is your advertising platform. Opportunity to present to many different brokers who have many different clients. Good packages generate "mini" offers. Brokers seldom "call" on poorly prepared packages. Good packages generate takers.

May 8 - 9, 2025 GAAR - 1635 University Blvd., NE Albuquerque, NM 87102 Thank you for attending! The packages and all meeting materials are located on the drop down menu under 2025 Regional Meeting. BACK TO TOP

2026 NMCE Regional Business Card Sponsorship ($50) First name Last name Company Name Phone Email Tell Us About Your Business Website Upload Your Logo Upload File Upload supported file (Max 15MB) Submit Thank you for your support!

New Members Welcome! We are always looking to expand the membership of NMCE. More members means a broader range of benefits, resources, and opportunities. This enhances the value of membership for all members so if you are interested in joining, please complete the application below and join today. Membership Benefits Meetings At the New Mexico Council of Exchangors, we are committed to providing a solution-focused environment to explore all possible options for selling, exchanging or trading properties. Our meetings provide a unique opportunity to bring problem properties to the table, in the hope of finding a creative and mutually beneficial solution for our clients. As a member of NMCE, you have the opportunity to market your client's properties to other member agents locally at the weekly NMCE meetings and nationally at the quarterly National Council of Exchangors meetings . The New Mexico Council of Exchangors hosts weekly meetings every Thursday at 8:30 AM GAAR - 1635 University Blvd., NE Albuquerque NM 87102 Access to Hundreds of Properties Our members have access to a wide range of exchange packages, both at a local level and through our National Council of Exchangors. Networking & Support Our members are real estate professionals that work together to find unique solutions for selling or acquiring properties for their clients. Our extensive industry knowledge and wide network enable us to offer creative solutions and connect you with the right people. New NMCE members have access to mentors who are also current board members. Their role is to guide you through the initial stages, ensuring you're comfortable, well-prepared, and productive during the meetings. Their experience will be invaluable in helping you get the most out of the NMCE meetings. Membership Fee With just one deal, you can easily cover the cost of your annual membership fee, making it a highly cost-effective investment. Fees are prorated throughout the year. Become a Member

National Council of Exchangors The National Council of Exchangors (NCE) is a non-profit trade association comprised of real estate licensed professionals from across the country. We meet four times per year at our conference venue in Las Vegas, Nevada where we host educational events and conduct marketing meetings. At conferences, our members have the opportunity to present offerings through professional moderators towards the sale and exchange of their real estate nationwide. Learn more about NCE, visit their website today. VISIT NCE WEBSITE BACK TO TOP