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What
is a 1031 Exchange?
1031
exchanges are specifically structured transactions
that join together the sale of an old property and the purchase
of a new property for the purpose of deferring taxes.
Exchanges
are primarily used for buying and selling investment real
estate, but they can also be used for personal property
that is used in a business. Examples of qualifying property
include bare land, rental property, commercial buildings
and homes other than your primary residence.
How
Can a 1031 Exchange Work for Me?
A
1031 exchange can defer the capital gain taxes
that are due when you sell property that has increased in
value or been depreciated for tax purposes. These federal
and state capital gain taxes can be costly.
Internal
Revenue Code Section 1031 can benefit you in several other
ways. By deferring taxes, you have increased flexibility,
leverage and buying power. Exchanges also allow you to change,
diversify or consolidate your investments. |
Don't
just take our word for it. Our Experts are published across
the country and cited in national publications like The
New York Times, The Wall Street Journal, The Chicago Sun-Times,
Forbes and Bloomberg's Wealth Advisor.
So that's why they say The 1031 Exchange Experts
are writing the book on 1031 exchanges.
How
Can I Get Started?
All
it takes is a phone call or e-mail
and The 1031 Exchange Experts will go to
work for you. We are ready to provide further information
and answer any of your questions.
| Here's
How a 1031 ExpertExchange Works:
•
Our experts consult with you
on how to best structure your exchange —
always considering your particular situation.
•
We meticulously document your exchange
to meet all IRS requirements.
•
We coordinate with your realtor, attorney,
CPA and closing agent to properly complete
the exchange.
•
We keep everyone informed at
critical points throughout the process with
our exclusive 1031 TouchPoints program. |
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No
other QI in the industry offers you the expertise, service,
and protection of The ExpertExchange!
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