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1031 Tax Exchange |
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| The 1031 Tax Exchange is an Internal Revenue Code that allows you to defer taxes when selling investment and business properties. |
| Under certain guidelines you can defer the capital gains tax to substantially increase your equity to invest into replacement property. |
| There are guidelines that can help you adhere to including the basic times frames beginning with the closing of the property you are selling |
| to identifying replacement property (the 45 day rule), and 180 days to close on a like-kind property. |
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| This proven tax strategy can be used to: |
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| * Increase returns and leverage by trading from one to several replacement properties |
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| * Investment diversification by trading for different property types & locations |
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| * Freedom from joint ownership by trading into separate properties |
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| * Geographic relocation, or consolidation by trading to different state or area |
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| * Decrease management responsibilities by exchanging into less management intensive properties |
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| * Increase cash flow & wealth building by trading from high equity-low cash flow property to high leverage-high cash flow properties. |
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