1031 tax deferred exchange: Investor Reasons for Using 1031 Tax Deferred Exchange - 01/12/11 01:21 PM
 
Reasons for Investors to Consider a 1031 Tax Deferred Exchange   
In addition to protection from income tax on real estate sale and purchase deals, investors have other reasons to sell and exchange property:
Shelter Cash Flow
A big tax advantage to owning real estate is DEPRECIATION.  However, if you've owned property for a long time, you might no longer benefit from that.  It could be advantageous to sell a depreciated property and acquire a new (larger) property to obtain a new depreciation schedule and shelter more or all of your rental income from taxes.  Harvest Dormant Equity
Some investors have big equity built up … (0 comments)

 
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Harrison K. Long, business, REALTOR®, GRI, Broker

Harrison K. Long

Irvine, CA

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Coldwell Banker Previews, Irvine, South OC

Address: 6833 Quail Hill Parkway, Irvine, CA, 92603

Office Phone: (949) 854-7747

Cell Phone: (949) 701-2515

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