Mortgage rates have recently surged creating quite some confusion. Don’t be discouraged as current rates are still considered historically low. Is it time to refinance?
When an investor sells investment real estate for a gain, capital gains tax is due in conjunction with the sale. A 1031 real estate exchange, sometimes known as a 1031x or a tax-deferred, like-kind exchange, offers investors the opportunity to defer payment of capital gains taxes on the turnkey investment property gains under certain conditions by exchanging, or purchasing, like-kind replacement properties.
A 1031 tax deferred exchange involves trading two properties to defer taxes. The two properties do not necessarily have to be identical. Find turnkey investment properties and replacement properties for your 1031 like kind exchange.
Real estate investors seeking to preserve the value of their assets, may find a 1031 exchange an excellent solution. With alike kind exchange you can find 1031 exchange properties, turnkey investment properties and replacement properties to defer taxes.