1031 Tax Deferred Exchange
Interested in Exchange?
Interested in Exchange?
You will need a Qualified Intermediary (Q.I.) to proceed with a 1031 Exchange. Let us give you an overview....
Click our MENU "INTERESTED IN EXCHANGE" for a brief overview.
What is a 1031 Exchange?
What is a 1031 Exchange?
Under Section 1031 of the United States Internal Revenue Code (26 U.S.C. § 1031), the exchange of certain types of property may defer the recognition of capital gains or losses due upon sale, and hence defer any capital gains taxes otherwise due. In 1979, this was expanded by the courts to include non-simultaneous sale and purchase of real estate
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ALWAYS CONSULT WITH YOUR TAX ADVISOR OR LICENSED FINANCIAL PLANNER OR CPA BEFORE MAKING A DECISION AND OBTAINING ADVICE.