EXPERT 1031
Updated 6 days ago
PO Box 370024, Denver, CO 80237
When selling a business or investment property, and a gain would be realized, Internal Revenue Code Section 1031 provides for an exception, allowing for tax on the gain to be postponed if the proceeds are invested, in a "like-kind" property exchange. Gain deferred in this like-kind exchange under IRC Section 1031 would be tax-deferred, but not tax-free...
The IRS has granted special relief for taxpayers whose exchange was impacted by Hurricane Ian. If you are doing a 1031 exchange anywhere in the State of Florida on property that you sold, bought or are buying, or you live in the State of Florida, the IRS has automatically extended your 1031.....
1031 exchanges, at least as we know them today, have been around since 1991. What makes us 1031 Exchange Experts? Years of experience, and walking client after client through the exchange process.