Learn how you can buy your future Las Vegas Residence with a 1031 Exchange.

1031 Exchange Defined

Section 1031 of the IRS tax code allows investors to sell investment property and use all of the proceeds to purchase new investment property while deferring taxes associated with the sale. To qualify as an exchange, the Relinquished and Replacement Properties must be qualified “like-kind” properties and the transaction must be properly structured as an exchange. “Like-kind” Relinquished Property and Replacement Properties must be real property that has been and will be held for productive use in the investor’s trade or business or for investment.

Reasons to Exchange

• There are many advantages to structuring your transaction as a 1031 Exchange.
• Defer taxes (up to 35-40% of the gain)
• Diversify or consolidate a real estate portfolio
• Switch property types
• Greater purchasing power
• Build & preserve wealth
• Expand into other real estate markets nationally
• Improve cash flow
• Greater appreciation potential
• Estate planning for heirs

For more information click on the below links or call Holly Marquardt at 702-400-7774 to find out how a 1031 Exchange can become your long term strategy.

• 1031 Information Basic information on 1031 Exchange and How They Work
• Exchange Highlights Defines and Reasons to Exchange
• FAQ Basics 1031 Exchange Answers – Basic Identification Questions
• FAQ Flyer 1031 Exchange Answers to Commonly Asked Questions
• TaxRate How Capital Gains Tax Rates Affect Investment Sales