A 1031 Exchange allows property owners to defer payment of capital gains taxes by taking the proceeds from the sale of one investment property, placing them in a special escrow account and purchasing a new property.
We helped this property owner get a great price from one of our local builder partners and referred them to a 1031 exchange company that allowed them to roll their profits into another property while deferring their taxes.
Do you own investment property that you are hoping to sell to a builder? Do you need help putting everything in place for a 1031 Exchange to defer capital gains taxes.
We can help… My name is Robert Wilson, I’m the Director of Dirt with EXIT Bayshore Realty and I can help you sell your property to a builder for a fair price and answer your questions about how to handle a 1031 exchange.
If you’re thinking of selling an investment property to a builder and would like to learn more about the 1031 Exchange program… give me a call at 813-784-4199.
