 | The Network |
|
|
|
|
 |
 |
|
|
||||||||
| ||||||||
| ||||||||
|
||||||||
| ||||||||
 |
  1031 EXCHANGES CREATE TAX SAVINGS!
Section 1031 in the Internal Revenue Code provides that a property owner can defer capital gains and reinvest into properties without direct tax consequences on the transaction. this makes the earning power of the tax-deferred dollars work as part of the reinvestment. Investors may exchange property in an ongoing basis, moving up to better properties and deferring capital gains for many years. And if the investment property remains in the taxpayer's estate, at death the capital gains taxes receive a stepped basis. Reference: Grand Strand New Home Guide/Fall 2006 ***The above mentioned article is for informational purposes only. We recommend you speak with an accountant and/or a 1031 Exchange specialist*** :: Current Opportunities :: Join Our Network! :: Network Benefits :: Buyer's Resources :: Bowes International :: Events & Seminars :: Seller's Resources :: 1031 Exchange :: Market Analysis :: Free Seller Reports :: Preferred Lender :: Mortgage Rates :: Credit Report :: Calculators :: Referral Program :: Marketplace :: Library :: Glossary :: Schools :: Weather :: Newsletter :: Contact :: The Coastal Investment Network Team :: Testimonials :: Licensed Realtors With Seashore Real Estate, SC & GA
An Equal Opportunity Company. Equal Housing Opportunity. © 2008 Myers Internet, Inc. All Rights Reserved Powered by: Myers Internet, Inc. | Admin Login |