1031 Exchange
1031 Exchange St George Utah, I can help you with your property replacement issues, helping you meet your 45-Day Identification Period and 180-Day Exchange Period.
Too many people mistakenly pay capital gains tax upon the sale of an investment property, even when having planned on buying a replacement investment property. Not only can I help you identify your replacement property and meet deadlines for purchasing, but I can refer you to a reputable Qualified Intermediary here locally.
Section 1031 of IRC allows taxpayers to defer capital gains taxes resulting from the sale of investment property, when they use a Qualified Intermediary. You may have some flexibility in structuring your exchanges. Common errors must be avoided that can cause disastrous consequences.
Basic Guidelines for a Successful Exchange:
- What property qualifies for an exchange?
- Know Replacement Deadlines.
- Reinvest Cash Proceeds and Replace Debt.
- Do Advance Planning.
Hello, my name is Brian. Give me a call and I can help you identify your real estate options and best like-kind property TODAY! We specialize in St George Utah real estate. I am not that Qualified Intermediary person or entity, but I know of some reputable Intermediaries here locally that can help you with your 1031 Exchange St George Utah.
