What is a 1031 exchange?
A 1031 exchange allows an individual to sell an investment or business-use property for another business or investment use property of equal or greater value deferring the property capital gains tax, depreciation recapture tax, state taxes, and healthcare tax.
10 things you need to know about 1031 exchanges:
While we have provided you with 10 important things to understand about 1031 Exchanges, these complex transactions require great care and attention to detail to perform successfully.
Pfeifer Realty Group recommends contacting Midland Trust with your 1031 Exchange questions and goals. Give them a call 239-333-1031 and tell them know Pfeifer Realty Group has referred their expert services.
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