If so, have you thought of utilizing a 1031 Exchange?

A 1031 Exchange is a great strategy and is one of the most powerful tools for any real estate investor. With a 1031 Exchange, a taxpayer may defer payment of capital gains tax on the exchange of like-kind real property held for productive use in a trade or business or for investment.

 

Benefits of a 1031 include:

 

• Tax Benefits

• Grow your portfolio

• Offload underperforming assets

• It’s repeatable

• Minimize taxes for your beneficiaries

 

Give us a call at +1 941-366-1300 to get started.