The 1031 exchange provides tax deferred treatment of capital gains and is one of the best vehicles available to investors for building, growing and preserving significant wealth! According to a Dec 17, 2007 article from the Wall Street Journal, it’s an increasingly popular tool for investors who’ve become skittish over stocks to build up a nest egg or a financial legacy.
Here’s how they work. A 1031 exchange allows owners of investment and business property to exchange their property for other “like-kind” (of the same nature or character) property without the recognition of capital gains. In other words you defer paying taxes on any of the profits!
To make sure your transaction qualifies for 1031 tax-free exchange status, you’ll need the guidance of a Professional Solution Provider. Professionals who understand the IRS rules for exchanges including which assets do and do not qualify for a 1031 exchange or the time restrictions imposed by the IRS on qualifying exchanges. Professionals that can find suitable 1031 Exchange opportunities for both novices and seasoned investors. Professionals that can help investors find out more about the benefits of 1031 exchanges.
Recent stock market volatility has caused investors to seek more stable Alternative Investment options. Look to www.altbridge.com to help you navigate through 1031 exchanges and other exciting Alternative Investment options.
1031 exchanges