1031 EXCHANGE

WHAT IS A 1031 EXCHANGE?

A properly structured exchange allows an investor to sell a property, to reinvest the proceeds in a new property and to defer all capital gain taxes. IRC S1031 (a)(1) states:

”No gain or loss shall be recognized on the exchange of property held for productive use in a trade or business or for investment, if such property is exchanged solely for property of like-kind which is to be held either for productive use in a trade or business or for investment.”

T. M. Title Services, Inc. is your resource to obtain accurate and thorough information about the entire exchange process.

ADVANTAGES OF AN EXCHANGE

1. Preservation of equity
2. Maximize return on investment
3. Increased cash flow from larger properties

For more information on 1031 exchanges contact, Brian or Rhonda.