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TRADE SECRETS » ARTICLES
1031 TRADE SECRETS
The Why & When, The How To, The Benefits
Practical Application of IRC §1031
The following brochure provides a summary of the concepts and practice of tax deferred real estate exchanges (“Exchange”). It is not meant as a substitute for your personal CPA, professional tax advisor or attorney. It is recommended that you consult with your advisors before applying any of the concepts or practices contained herein to your particular real estate situation.
PREPARED BY: Exchange Authority, LLC
There is no reason to pay any of your hard-earned profit to Uncle Sam in the form of tax on CAPITAL GAINS as long as you intend to invest all of your current equity in other qualifying real property.
Read on to find out:
what you need to do to comply with the tax code and the regulations
This brochure outlines a procedure for postponing the recognition of taxes on capital gain income upon disposition of real estate assets. It explains:
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