Equal Smart Investment
The 1031 exchange allows sellers to defer payment of capital gain tax on the sale and purchase of like kind investment properties. It affords an opportunity for business owners to trade old buildings for newer ones. It enables a more expensive rental unit to be traded for two lower priced ones. Tax deferred exchanges allow investors to put their money where the opportunity for appreciation is the greatest without paying capital gains on the sale.
Call our office (732) 244-2200 or 1800-847-4255 for more information on 1031 Exchange.
No comments:
Post a Comment