The 1031 tax deferred treatment of capital gains is one of the best real estate investor vehicles for preserving and building real estate wealth. This provision of the Internal Revenue Code allows property owners to exchange their property for other like-kind property without recognition of capital gains. It makes possible to transfer the financial gain that is realized from the sale of a property into another property without federal capital gains tax at the time of the sale.
For more information on this or to have us set you up with a licensed representative to assist you contact Sean and Barbara McCall of the Emerald Coast Team today.
Emerald Coast Team
34894 Emerald Coast Parkway
Destin, FL 32541