1031 Tax Deferred Exchange Consulting
When you are looking to sell 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 have to find someone with just the right property to swap with.
You don’t have to buy property at the exact same time you are selling.
You don’t even have to identify the ultimate replacement property right away.
Our team has extensive experience in structuring IRS Section 1031 tax deferred exchanges. We understand how to fulfill property owners’ desires to liquidate their interest in a property and acquire other properties – without recognizing taxable gain.
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.
