Section 1031 of the Internal Revenue Code allows the deferral of gain on the sale and subsequent purchase of real property used for business use or investment. An exchange is much like a typical sale followed by an acquisition within 180 days but with a few rules attached.
BENEFITS OF AN EXCHANGE
This often overlooked tax strategy can help you accomplish many short and long-term real estate objectives:
Learn More:
COMPLIMENTS OF:
Connie Custer, Business Development
1031 CORP.
100 Springhouse Drive, Suite 203
Collegeville, PA 19426
Office: 610.792.4880 ext. 230
Cell: 610.724.5195
Email: [email protected]
Website: www.1031CORP.com
BENEFITS OF AN EXCHANGE
This often overlooked tax strategy can help you accomplish many short and long-term real estate objectives:
- Immediate tax deferral
- Ability to acquire real estate with pre-tax dollars
- Long-term appreciation on tax deferral
- Estate preservation as deferred gain may be forgiven upon death
- Less management responsibility
- Consolidation of properties
- Greater selling and buying power
- Increased income potential
- Relocation or expansion of business facilities
- Diversification of assets or geographic locations
- Conversion to personal use property after a period of qualified use
- Exit strategy for business owners
Learn More:
COMPLIMENTS OF:
Connie Custer, Business Development
1031 CORP.
100 Springhouse Drive, Suite 203
Collegeville, PA 19426
Office: 610.792.4880 ext. 230
Cell: 610.724.5195
Email: [email protected]
Website: www.1031CORP.com
Download the "1031 Exchanges Made Easy" File
| 1031_exchange_made_easy_fact_sheet-_connie_custer_-_2021q2.pdf |
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