1031 Tax-Deferred Exchange
If you are interested in reducing your taxable income on the sale of a rental home, duplex or multi-unit dwelling, or relocating your commercial investment properties or increasing your investment returns. I can help you achieve your goals through a 1031 Tax-Defererred Exchange.
"Like-Kind" Considerations
Property owners may exchange investment property for another investment property or properties as long as the properties are held for a qualified purpose.
Unimproved land may be exchanged for rental property, or an office bulding may be exchanged for a shopping center, or a home may be exchanged for a duplex or multi unit-building as long as the properties are located in the United States.
Benefits of a 1031 Exchange
Participants can receive substantial tax benefits through deferred capital gains and accumulated depreciation recpture.
Investors are able to leverage funds otherwise used to pay capital gain taxes and to acquire more desirable replacement property.
Are you Eligible?
Individuals, corporations, partnerships, LLCs, etc. are entitled to benefit under Section 1031.
The Process
I will do all the usual preparation work (Competitive Market Analysis, physical tour of property, in-depth pricing strategy) and together we will decide on a compelling list price. At the time of listing, I will introduce you to my preferred Qualified Intermediary, Ute Heidenreich, Esq., President of Towne 1031 Exchange, LLC, who will handle all the proceeds in order to qualify for tax deferment. Together Ute and I have over 35 years of experience and will be able to guide you through the 1031 Exchange maze and protect your assets, assisting you in all the time-lines.
Call or email today to get started on Tax Deferred Exchange.
