1031 Exchanges Offer Tax Benefits to Investors
Syndicated Equities is a real estate investment firm that helps clients build personal wealth through targeted real estate investments. Throughout its history, Syndicated Equities has worked with many investors on 1031 exchanges. Named for Section 1031 of the Internal Revenue Code (IRC), a 1031 exchange, also known as a like-kind exchange allows investors to change the form of a business investment without incurring capital gains.

With a 1031 exchange, investors can sell property and purchase another with no or limited taxes due at the time of sale. While the IRC specifies that exchanges must be "like-kind," exchange properties do not need to be exactly the same. That means an investor can exchange a commercial building for land, or swap an office complex for a strip mall.

In addition, investors can pursue delayed exchanges if they cannot coordinate a direct swap with another party. Under this scenario, investors may sell their property and have a third party hold the proceeds until identification of a replacement property. The investor must notify the third party of a prospective replacement property in writing within 45 days of the sale.
1031 Exchanges Offer Tax Benefits to Investors
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1031 Exchanges Offer Tax Benefits to Investors

Syndicated Equities is a real estate investment firm that helps clients build personal wealth through targeted real estate investments. Throughou Read More
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