1031 Exchange

Brevard County 1031 Exchange

Section 1031 of the United States IRS tax code allows investors to defer federal capital gains taxes on the exchange of a like-kind investment property. This transaction is most commonly referred to as the Starker Exchange or (1031 Exchange). A 1031 tax-deferred exchange allows investors to reinvest the federal capital gains and defer the payment of the tax that would normally be due on the sale. This valuable investment strategy allows an investor to later sell the investment when their annual income is lower, or in a more suitable tax bracket. If you have a property that qualifies for a Starker Exchange (1031 Exchange) we can help you research and locate a "like-kind" investment property and complete the procedure. We can work with your exchange agent on the sale of your property as well as locating and acquiring an exchange property within the 180 day time limit.

If you have a property that qualifies for a Starker Exchange, contact us today for more information on completing a Brevard County 1031 Exchange. We can help you get established with a qualified exchange intermediary to ensure compliance with the often complicated rules and regulations surrounding the transaction. For more information visit Internal Revenue Code Section 1031.