A 1031 exchange represents a simple, strategic method for selling one qualifying property and the subsequent acquisition of another qualifying property within a short statutory time period. Because the entire 1031 exchange transaction is treated as an exchange and not a simple sale, the taxpayer is able to qualify for a deferred gain treatment.
Because the 1031 exchange is treated as an exchange and not a sale, there are potential, significant tax benefits, primarily that you can defer the capital gains tax until a future sale. This tax deferral allows you to continue growing your equity.
We offer the expertise needed to help you smoothly execute your 1031 exchange. With tight timelines and strict rules to follow, you need a partner who provide you with the most investment property options and who can assure flawless execution.