1031
Exchanges
Defer
Capital Gains Tax & Make More on Your Investments
You can defer capital gains taxes when you sell your property
then reinvest in "like-kind" property using a 1031
exchange.
| Five
Types of 1031 Exchanges |
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•
|
The
original: simultaneous
exchange. One property is sold and the next is
bought at the exact same time. |
|
•
|
Most
common: delayed
exchange. One property is sold and the replacement
property is bought within 180 days. |
|
•
|
Most
unusual: reverse
exchange. As the name implies, replacement property
is bought before the initial property is sold. |
|
•
|
Improvement
exchange is structured to use some of your capital
to improve the property, build a road, for example. |
|
•
|
Personal property
exchange is used for "like-kind" exchanges
for other than real estate - such as cattle, aircraft,
mineral rights, etc. |
Walk
through the steps in a 1031
delayed exchange.
Successfully
Using A 1031 Exchange
Seek advice early in the planning stage from an experienced
1031 exchange facilitator. An experienced facilitator can
give you valuable suggestions on how to structure the transaction
so that it qualifies as a 1031 exchange and meets your investment
objectives. Avoid using inexperienced individuals who merely
fill out forms and file them.
Xchange
Solutions has facilitated tens of thousands of 1031 exchanges. Our
facilitators are some of the most experienced in the industry
and are experts on this section of the tax code. This means
you'll know how an exchange will apply to your situation, including
the "silent" areas of the tax code. Your CPA and
attorney can call an Xchange Solutions counselor FREE
with questions regarding your 1031 exchange.
Ask
an expert or contact us today
to see if your transaction qualifies and to see how much tax
you can defer.
[Delayed
Exchange] [Improvement
Exchange]
[Personal Property
Exchange] [Reverse
Exchange] [Simultaneous
Exchange]
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