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detail description rule 1031 exchange by 1031 sponsors
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Welcome 1031 Sponsors
Learn About 1031 exchange rule • In this Slide show we explain what is 1031 exchange rule and process. • How to do a 1031 exchange step by step
Introduction What Is A 1031 Exchange? • A 1031 exchange (IRS Code Section 1031) enables investors to defer capital gains taxes by reinvesting the proceeds from the sale of their investment property, known as the “relinquished property”, into a qualified “replacement property”. • Property purchased in 1031 exchange is “like-kind” which held in productive use in business and trade.
A 1031 exchange (IRS Code Section 1031) gives an option to the investor by reinvesting the proceeds from the sale of investment property (known as the “relinquished property”) into qualified replacement property to defer capital gains tax. • A 1031 Exchange can potentially provide real estate owners with greater leverage, increased diversification, improved cash flow, increased potential for geographic relocation and potential property consolidation.
What is 1031 Exchange Rule What 1031 Exchange rule you follow 1-Property must be “like-kind” property means both original and replacement property same. 2-1031 exchange applicable only Investment and business property. 3-Property sold must be greater or equal to net market value. Then you will able to 100% defer taxes.
4- Get a boot while replace your property means you receive difference of replacement property. 5- Property owner have 45 days calendar period to identify up to three potential properties of like –kind.
About 1031sponsors 1031Sponsors.com help customers to defer taxes and make better investment decisions. Most of our customers are in the process of selling or have sold investment real estate and they are looking for properties to strategically reinvest their capital into that will generate income while deferring their capital gains taxes under IRC 1031.
Schedule Consultations • You can book an appointment with 1031 Advisor for how do 1031 exchange. • Make an Appointment. • Call on 1 888-876-6005.