The main benefit of carrying out a 1031 exchange is the tax deferral, but there's more!
Defer 100% Capital Gains Taxes
A 1031 exchange allows you to defer capital gains tax. By doing this it frees up more capital for investment in a potential replacement property. In a 1031 exchange, you sell one property and defer the payment of capital gains taxes by acquiring a replacement property or properties. This helps you keep the money working for you, rather than paying out about a heavy dose of that equity in taxes.
Freedom from Property Management
Many of our clients come to us because they are tired of the grind of managing a property be it duplex or fourplex or any other type of property. A triple-net (NNN) leased property provides the owner a stream of income in a much more hassle-free manner. Our clients are moving more into a retirement phase where a less labor-intensive arrangement is welcome!
Increased Cash Flow
Depending on the situation, many people can not only decrease the management load, but increase the cash flow.
Re-Leverage Your Equity
Without the 1031 exchange, many would lose their hard earned equity to taxes. By using a 1031 exchange, you can put that equity to work.
Increased Tax Shelter
Simplify estate planning
Upgrade the Quality of your Real Estate
Diversify your Real Estate Investments
Smart Wealth Preservation Strategy
Step Up in Your Basis
Our team has been living in the 1031 exchange world for over 15 years. Call us today to see how we can help you!
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