Watch this short 90-second video to learn about 1031 exchanges!
Transcript: Wouldn’t it be nice to not pay taxes on the sale of your investment property? A 1031 exchange allows you to sell an investment or business-use property for another business or investment-use property of equal or greater value. Deferring capital gains tax, depreciation recapture tax, state taxes, and health care tax. As long as you trade up in value, you’ll defer all taxes associated with the sale of your investment property.
All investment real estate qualifies, including single-family homes, multi-family homes, commercial real estate, land, and more. A 1031 allows the investor to: increase cash flow, acquire property with greater income potential, diversify or consolidate property, and move markets.
Stop paying taxes! Begin your 1031 exchange today by calling Midland IRA & 1031 at 239-333-1031. Midland 1031 is a Qualified Intermediary that has facilitated thousands of 1031 exchanges for clients throughout the United States.
Learn more by contacting Midland 1031 today.