Why Sell When You Can Exchange?
If you invest in real property, a 1031 Tax Free Exchange can save you thousands of dollars. Under IRS Section 1031, you can technically exchange two properties, instead of selling one and buying another. By doing this, you avoid paying capital gains tax on the profits of your sale.
Some benefits of the 1031 Exchange are:
- Have more cash leverage during contract negotiation.
- Reduce the size of your mortgage, and avoid greater interest and origination expense.
- Defer the capital gains tax.
- Control when you pay the tax. The tax can be deferred throughout your lifetime if properly structured.
Can a 1031 Exchange benefit you? Request information now, or learn more about our services.
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