As an investor, why would you ever want to give up your capital gain? You’ve just spent time, effort, and energy growing your portfolio. You should keep every penny you’ve earned! Think about a 1031 Exchange. IRC Section 1031 provides a way to defer capital gain taxes.
You should have a clear understanding of the way the exchange takes place. It benefits an investor who would like to exchange their property and use their capital gain to invest into a new project. The 1031 exchange defers capital gain taxes and allows the investor to keep more of their hard earned money. Total Realty Group has a great reputation for assisting investors in a 1031 Exchange. There are guidelines to a well-structured 1031 exchange and more information can be found at the links below. The websites also provide many links to 1031 exchange forms and other sites where you can expand your knowledge to get the most out of the transaction.