Real estate continues to be one of the best long term investments to date. No other investment has allowed the average person to plan for a secure retirement and in some cases become very wealthy, while giving them cash flow, equity build up and tax benefits. When the time finally comes for the seller to sell their property and release all their equity including appreciation, they then have to realize a capital gain and ultimately pay taxes. Some sellers will face large tax bills and in some cases a full 33% of the entire gain can go directly to taxes when both Federal and state taxes are combined. It now becomes obvious that the biggest problem the sellers face is how to deal with the taxes. As a result, many sellers want to know is there any way to sell property and avoid or postpone taxes? The answer is yes, real estate is one of the few true investments that gives an owner an exit strategy that allows capital gains to be completely and legally deferred using a 1031 tax deferred exchange.
We are the XchangeSource - your source for 1031 Exchanges.