Real estate investors who sell a property can sometimes take advantage of a section in the US IRS tax code that allows them to defer capital gains on the property. Buying a property that is equal or greater in value and deferring the gains into that property is called a 1031 exchange, after the section of tax code that offers this benefit.
For many people, your office or investment property is one of the biggest assets you own. Let me show you how to exchange that property for a similar or like property that can produce income for your retirement or daily needs.
The 1031 Exchange process can be cumbersome and tedious to understand. Let our experts show you how to navigate the process and secure your investment.
The number of 1031 Exchanges saw record numbers in 2017 and 2018. Laws regarding the exchanges are constantly in flux. Let Eight Joys Real Estate help you navigate through the malaise of information and regulations.
The 1031 Exchange process involves significant tax advantages if done correctly. The process changed in 2017, is expected to change again and often requires consumers to involve real estate, financial and tax professionals. Let us help you with the process and guide you through a successful exchange.
Your Business or Investment Property
The Agreement to Exchange Your Property Under IRS Code Section 1031
Professionally done 1031 Exchanges have the ability to put money and reliable income into your pocket
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