Commercial
Northwest can help you make to the most from your real estate
investments through 1031 Exchanges. Tax deferred exchanging is an
investment strategy that should be considered by anyone who owns real
estate. If you would like to defer the capital gains tax on the money
you would normally receive at closing, you may benefit from reinvesting
into property of 'like kind' through a tax-deferred exchange, often
referred to as a '1031 Exchange."
To qualify,
you must meet certain requirements:
The sales
proceeds must be used to purchase real property used in a trade
or business or held for investment.
All the
proceeds must be invested.
The purchase
must be of equal or greater value.
Replacement
property debt (mortgage) must be equal to or greater than the
relinquished property.
It is possible
to purchase multiple properties as long as they comply with the
Rules of Identification.
Here are
the major advantages of working with Commercial Northwest
to implement a 1031 Exchange:
Defer
taxes on gain and keep the earning power of your deferred tax
dollars working in another investment.
Preserve
your assets.
Safely
transfer your equity.
Maximize
your investment potential.
Relocate
investments to accommodate your lifestyle changes.
The IRS now
recognizes Reverse Exchanges.
For complete
information on 1031 Exchanges or Reverse Exchanges, email us at
information@commercialnw.com
or contact your local 1031 Exchange Intermediary Company.
ALWAYS CONSULT
WITH YOUR TAX ADVISOR BEFORE FINALIZING YOUR PLANS!