1031 Tax-Deferred Property Exchanges
A 1031 property exchange is one of the most powerful tax deferral strategies available. Using a Qualified Intermediary, Section 1031 of the Internal Revenue Code allows you to sell real property held for investment or productive use in business, purchase other "like-kind" property, and defer capital gains. However, deviation from regulatory guidelines may disqualify the transaction, making ALL gains immediately taxable. So it is essential to choose an Exchange Accommodator with the expertise, financial strength, and stability to guide you through the process while safeguarding your funds.
If you or your client owns investment property and are thinking about selling it and buying another property, you should consider 1031 tax-deferred exchange. For 1031 exchange assistance, please call one of our following offices:
Los Angeles, CA:
Phoenix, AZ
San Diego, CA
Vancouver, WA
Commerce Escrow does not provide tax advice. The information herein is not intended to constitute legal, financial, or tax advice. Please consult with your tax professional regarding the possible tax consequences of a 1031 tax-deferred exchange.