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1031: Less Expensive than You Realize

1031: Less Expensive than You Realize

Even a relatively expensive Qualified Intermediary (QI) charges a small percentage of the immediate tax deferral amount and potential long-term savings attainable with a Section 1031 Like-Kind Exchange. As an example, say you have a fully-depreciated asset worth $100k...
1031 Exchanges Lower Your Tax Bill

1031 Exchanges Lower Your Tax Bill

1031 Exchanges exist to ease the burden on US taxpayers. For individuals and businesses reinvesting in land, equipment, vehicles or other assets, putting 1031s to work leads to lower tax bills and an improved bottom line. Two simple questions to address: 1) am I...