1031 Tax Free Exchange

 


How can you buy a piece of investment real estate in Ponte Vedra and sell another piece of investment real estate without paying capital gain taxes?

By following the provisions of 1031 deferred exchange rules and having a "qualified" exhange you will be able to forgo paying capital gains taxes on the sale of your investment property.



When it comes time to sell your investment property you have three options:

Sell your investment property. Don't buy another investment property. Pay capital gains taxes.

Sell your investment property. Buy another investment property. Pay capital gains taxes.

Sell your investment property. Buy another investment property. Follow the provisions of 1031 deferred exchange rules. Pay no capital gains taxes.

(Please note you would only pay capital gains on the sale of an investment property if there has been appreciation. You should consult your accountant to review the tax implications.)

 

Phyllis Frankel Realty Group Inc Ponte Vedra Beach FL 32082 800-999-0245 904-273-0125

 

Contact Information

Provide a valid email address.

Mailing Address

Property Information

Moving Details

Newsletter consent