What is a 1031 Tax Exchange?

Posted By : Cuselleration on Jun 25, 2015

1031 Tax Exchange

A 1032 Tax Echange is a tax-deferred exchange or a transaction to defer the payment of capital gains by “exchanging” investment property owned by an investor (“relinquished property”) for another investment property (“replacement property”) of equal or greater value.

The most common type of exchange is a delayed or straightforward type of exchange is a delayed or straightforward exchange.  By properly effectuating an exchange, the investor is able to defer the realization of depreciation tax on the relinquished property.

Choosing the Right Intermediary

An investor should be selective in choosing a Qualified Intermediary (“QI”).  Choosing a professional QI with financial strength is paramount to a successful exchange.  

Choosing the Right Broker

Make sure your broker has the resources to successfully bring the right team together to help you succeed.

For more information to sign up for a 1031 Tax Exchange Seminar,

–  contact: jerry@henberger.com  Direct Line (949)874-7126

Hosted by:

REMAX Prestige Properties

http://www.HenbergerProperties.com

http://www.ExchangeResources.com

*If your property is listed with another broker, this is not a solicitation for a listing. 

**Be sure to consult your tax advisor on any transaction that may impact your taxes.