A 1031 Exchange (Tax-Deferred Exchange) is one of the most powerful tax deferral strategies remaining to investors and an effective wealth building tool. Thanks to the Internal Revenue Code 1031 a properly structured exchange allows an investor to sell an investment property, acquire a new property, and potentially defer all capital gain taxes. Pursuant to IRC 1031, capital gain deferment requires the exchange of “like-kind” relinquished property for other “like-kind” replacement property. “Like-kind” or a qualified property is defined as a property owned either for productive use in a trade or business, or for rental or other investment purposes. Numerous benefits and advantages are available to sellers of 1031 “like-kind” properties who, rather than sell and cash out their equities, purchase a replacement property or properties under IRC 1031. Some valuable benefits are as follows:
Newport Apartment group has built a strategic alliance with key professional intermediaries (1031 Accommodators), tax advisors, and legal advisors who have the sophistication and track records to assist in your 1031 Exchange. Our goal is to guide you, step by step, though the exchange process from the sale of your relinquished property and into your replacement property. To set up a consultation to review your portfolio and determine how your specific situation can capitalize on some of these key benefits listed above please call David Sanford at (949)306-9508.
If you have not account please register.
Enter your email address below to have your password sent to you.
New Visitor? Please Register
And you will be able to Save Listings so you can view them later!
Forgot Your Password?
Please enter your E-Mail and we'll send you an e-mail message with your password.
After registering you Will have unrestricted access to all properties on this website.