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What is an IRC § 1031 Exchange?
IRC § 1031 Exchange of the U.S. Income Tax Code allows owners
of investment property, whether industrial, residential, commercial
or raw land, to sell that property and defer capital gains
taxes. An IRC § 1031 Exchange gives you the opportunity to
indefinitely defer capital gains tax by exchanging the sale
proceeds, through an intermediary, for an investment in another
like-kind property or group of like-kind properties, under
a set of guidelines.
Is it right for you?
The exchange of Real Estate does not hold a direct benefit
for everyone, but it has definite advantages to many who are
unaware of its availability. Call for a no obligation consultation
at 704-342-1031. As a Qualified Intermediary, we can assist
you in determining if an exchange would be in your best interest.
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