Have you ever performed a 1031 exchange?
Did it help your investment objectives?
Did it help your investment objectives?
pro1031
Favorite Answer
Yes, I have performed a 1031 Exchange in the past. And yes, it most definitely helped my investment objectives. I saved money by not paying taxes and was able to purchase a larger property than I normally would have been able to purchase. As a matter of fact, I like the 1031 Exchange process so much, I now work as a Qualified Intermediary helping people like you facilitate their 1031 Exchange transaction.
The 1031 Exchange is a wonderful (and one of the only) ways to defer taxes from the sale of investment property. It allows you to keep the money due to the IRS and then you can use those funds as down payment on a new property. You get to use and make money on the amount that was due to the IRS. What's not to love!
If you would like more information on the 1031 Exchange, here is a link to a short flash video presentation that discusses the process. http://firstexchange.com/content/short-course
First American Exchange is one of the largest and most financially secure Qualified Intermediaries in the country. Should you have further questions, please email me at cdifulvio@firstam.com or look on our website at http://www.firstexchange.com and find our office in your area. I am certain that we could answer any questions that you may have about 1031 Exchanges.