IRS Code 1031 - Real Estate Exchanges
IRC 1031 states: “No gain or loss shall be
recognized if property held for productive use in a
trade or business or for investment is exchanged solely
for property of like-kind”
|
Are you aware that EVERY DOLLAR saved in
taxes will allow
an investor to purchase 4-5 times as much
real estate? |
Although the law has been in
existence since 1921, it may be unfamiliar or not fully
understood by many people who buy or sell real estate.
The law has been revised over the years, which is even
more reason to consult with an Equity Marketing
Specialist before one makes a decision which could
dramatically affect an individual or families financial
future and stability.
Resort Marketing is one of the only
firms on the Western Slope with Equity Marketing
Specialists available to review and explain the
Benefits of Exchanging. Our belief is that
each investor should be able to make a real estate buy,
sell or exchange decision based upon knowledge. We
are not accountants, nor legal experts. What we do
offer is
Counseling – the more we understand a
client’s motivations the better we may assist them to
maximize their benefits and accomplish their goals.
We ask numerous questions to fully understand the scope
of each customer’s personal situation. After
gaining a thorough understanding, and careful review,
our suggestions are rendered in an unemotional,
objective manner.
Not everyone is qualified to participate in a real
estate exchange. Please
contact us if you’d like more
information on IRS Code 1031, or are interested in
scheduling a no obligation assessment on the Creation of
Wealth, with the use of tax deferment to enhance
leverage in your investments and maximize the use of
investment dollars.
