Title Insurance: What is an 1031 Exchange
A tax-deferred exchange is an approved method of selling investment
properties and acquiring one or more like-kind properties without
paying any federal capital gains taxes whatsoever. Most states
allow favorable capital gains tax treatment.
When such an exchange meets the criteria of
the Internal Revenue Code Section 1031 and the regulations promulgated
by the IRS, the taxes are deferred until sometime in the future.
For investments held by individuals, the deferral can continue
through any number of exchanges until the tax liability is extinguished
by death.
The 1031 tax-deferred exchange is a powerful
tool. Express Exchange LLC can enable you to use more of your
equity to acquire investment properties and to move from a poor
investment choice into a better income or equity position. We
are international in scope, locally powerful, and solidly connected
in every state.
If you would like to be contacted by an
Express Exchange LLC representative to discuss this program in
further detail, click below.
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