Are you thinking about selling your business, investment property or vacation home?? Have you considered doing a 1031 Tax Deferred exchange? If you're in Montana, let me help. I'm a realtor who works with investors and sellers and their advisors across Montana and can help you with your real estate needs in a 1031 Exchange.
What is a 1031?
A 1031 tax deferred exchange is an investment strategy that should be considered by anyone who owns investment real estate. A tax deferred exchange is simply a method by which a property owner trades one property for another without having to pay any federal income taxes on the transaction. In an ordinary sale transaction, the property owner is taxed on any gain realized by the sale of the property. But in an exchange, the tax on the transaction is deferred until some time in the future, usually when the newly acquired property is sold.
If you would like more information on 1041 exchanges, visit the following websites, or talk to your CPA or attorney:
www.1031.org
www.irs.gov
*******
Kevin & Monica Ray are real estate sales and marketing professionals for Streamside Realty in beautiful Western Montana. For more information on Western Montana, they can be reached at 406-207-1185 or online at www.YourMT.com.
;)
;)
Hey Kevin and Monica,
Differentiating yourselves as Realtors with an expertise in 1031 exchanges is a great strategy! There are so few Realtors that really understand the 1031 exchange.