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At 1031Assistance.com, we have been
helping numerous customers with their 1031 tax exchange.
This website provides you with detailed information
on 1031 tax exchange and also guides you through the
process.
We try to provide our clients the best IRC Section 1031 tax exchange consulting and expert services for financial security.
People are often confused between 1031
tax exchange and 1031 exchange or 1031tax deferred exchange
or tax-free real estate exchange. However, when you
hear these terms, in all likelihood they are referring
to the same thing. It may also be known by other names, such as, 1031 tax exchange, 1031 like kind exchange, IRS 1031 exchange, 1031 tax deferred exchange, 1031 real estate exchange, 1031 tax free exchange, Starker exchange, reverse 1031 exchange, as well as many more.
Section 1031
of the IRS provides for a tax-deferred exchange of like
kind property (as defined under the section). This means
that you can exchange similar type of real estate and
not pay any tax when you sell.At the same time, to ensure a smooth exchange, it is important to be aware of those US states that do not recognizes 1031 tax exchange. At 1031 assistance, we are eager to discuss your 1031 tax exchange issues.
We provide our clients with a more comprehensive, due-diligent and strategic 1031 tax exchange. When it comes to finding a qualified firm to handle your 1031 tax exchange, 1031 assistance should always come to your mind. With our expertise and knowledge, we can deal with all 1031 tax exchange issues. Read more about our 1031 exchange services, 1031 Tenants-in-Common advantages, and the 1031 tax exchange process here.
With the growth in 1031 tax exchange
deals and the a mount of money pouring into the real
estate market tax planning has become an indispensable
part for today’s real estate buyer. A few years
back 1031 tax exchange was a foreign term for most real
estate buyers but today it is one of the most sought
after issues for any real estate deal. The IRS has modified
section 1031 of the IRS and has become more strict in
its enforcement to keep up with the rush for 1031 tax
exchange.
If you are selling a property or a
group of properties and are not sure about how you can
benefit from a 1031 tax exchange you should definitely
get some advice from a qualified intermediary or some
tax attorney. Money spent on a tax attorney to obtain
1031 tax exchange advice is money well spent and can
save you lots of money in tax besides assuring your
mental piece.
A 1031 tax deferred exchange on investment property allows you to rollover all of the gain received from the sale of an investment property into the purchase of one or more other like-kind investment properties without being taxed. Compliance with the safe harbor creates certain presumptions that will enable the transaction to qualify for Section 1031 tax deferred exchange treatment.
Like Kind
- Apartments
- Rental Houses
- Retail Properties
- Commercial
- Raw Land
- Office Buildings
- Industrial
- Ranches
Non Qualifying Properties
- Personal Residences
- Dealer Property
- Partnership Interests
- Inventory
The “like-kind” rule specified in the rules governing the 1031 tax deferred exchange process means you must exchange for the exact same type of property to get the tax benefit. A 1031 tax deferred exchange can take place between properties located in any state of the union. At 1031 assistance, we are committed to exceeding your expectations by ensuring the highest quality 1031 tax deferred exchange with the maximum degree of security and protection.
For advice on 1031 tax exchange
feel free to contact
us
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