How to complete a successful 1031 Exchange.
So you've owned your apartment for years now. You've maintained and improved the property. You've increased the rents and gotten rid of the trouble makers. Your property's value has increased and so has your equity.
You'd like to like to roll your success into an even better investment. One with more revenue, or fewer headaches. But what about all of the capital gain taxes? Won't that cut into your net proceeds? Will it even be worth the hassle of selling and buying something else if Uncle Sam is going to take his share?
Why not use Internal Revenue Code Section 1031?
By using, what is commonly referred to as a 1031 Exchange, you can defer paying capital gain taxes and maximize the opportunity of purchasing your next property with all of those proceeds.
Of course, with any government regulations, there are going to be strict rules and regulations to follow. You don't want to mess this up. That's why its important to have a knowledgeable and experienced team working with you.
Learn more about this important investing and tax strategy at our free seminar, this Thursday, January 17, 2019 at 11:30AM. RSVP by clicking this link: www.1031.realestatestiles.com