Are You A Savvy Investor?
If you want to be a successful real estate investor, you must become familiar with Section 1031 of the Internal Revenue Code. Otherwise you may be losing money with every transaction you make.
A tax deferred exchange is simply a process in which a property owner trades one property for another without having to pay any federal taxes on the transaction. Ordinarily, a property owner is taxed on any gain by the sale of a property, but in an exchange the tax is deferred until some time in the future. A property owner simply disposes of one property and acquires another, but this transaction must fulfill specific requirements and be structured in a way that it is in fact an exchange, not a taxable sale of one and a purchase of another.
At Beachside Real Estate, half of our transactions each year are 1031 tax-free exchanges. We handle these exchanges on a daily basis and are eager to explain how this investment opportunity could benefit you.
For more information, please contact us today...
1-800-888-4056
c21@beachsiderealestate.com
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