1031 Exchange Realtor
1031 Exchange Buyers/Sellers – We Have Your Back!
We often come across clients who are playing with the idea of a 1031 exchange to save them from getting taxed when selling an investment property and looking to purchase another. It is important to have all the facts when deciding whether or not to use the power of the 1031 exchange.
A 1031 exchange is the swap of properties that are held for business or investment purposes, and if you meet the property criteria you will either have no tax or limited tax due on the exchange.
As Realtors we have a lot of experience with 1031 exchange clients and understand that time is not a luxury you have! (The government literally gives you a deadline)
The 45-Day Rule
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