REAL ESTATE INVESTOR TIPS
Take Full Advantage Of The 1031 Exchange Program
Real estate is still one of the greatest ways to obtain lasting wealth. However there may come a time when you will want to sell a piece of investment property. Now, you are faced with the possibility of paying taxes. If your plans are to stay in real estate, then you need to know about the IRS Code Section 1031.
1031 allows a real estate owner to defer capital gains tax when exchanging for like kind property. Meaning you can sell a real estate property e.g. two family, and buy a four family without incurring taxes.
15% Capital Gains
If you are just tired of real estate and want to get out. Now is the best time. Capital gains tax are at an all time low which means you are able to realize more of a profit. Although hurry! The rate reduction is only temporary.
If you are interested in finding out more about IRS 1031 or more about our program to help you in selling your investment property fill out the form below and an experienced K&D agent will contact you.