1031 Tax Deferred Exchange Consulting

When you are looking to sell an investment property without incurring taxable gain, a tax deferred exchange may be just the right solution.

Ghirardo Real Estate Group has the knowledge and experience to seamlessly guide you through the process, no matter how complex your particular transaction.

As outlined in IRS Code Section 1031, income tax on profits from a property sale can be deferred if the property is “exchanged” rather than sold. An exchange will allow you to dispose of property without incurring current income taxes and allow you time to identify and acquire a replacement property.

You don’t even have a limit to the number of 1031 deferrals you can make in a lifetime. In fact, under current law you can defer gains forever (that’s right, a “permanent” deferral) and thereby pass on much greater after-tax wealth to your heirs!

When you are thinking about selling a property, consider exchanging it first. We can answer your tax-deferred exchange questions and assist you with the process so that you don’t incur taxable gain.