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When To Consider A 1031 ExchangeWHAT ARE YOU SELLING?
If you are selling real property held for investment or real property
held for productive use in a trade or business, you may be eligible
for a 1031 tax-deferred exchange. WHAT DO YOU WANT TO DO WITH THE PROCEEDS FROM THIS SALE? If you do not want to pay capital gains tax on the money you will receive at closing, you may benefit from reinvesting into property of like-kind through a tax-deferred exchange. (Like-Kind property is any real property held for productive use in a trade or business or held for investment.)
If you need anymore information or have any specific questions about 1031 tax-deferred exchanges, please contact us at 1031exchange@marthadon.com or call us at (386)-478-9202. |