Protect your profits and build wealth by doing a §1031 Tax-Deferred Exchange. When selling an investment property, there is nothing more important than protecting your profits from costly capital gains tax! That’s why a §1031 Tax-Deferred Exchange is so important: Without it, you pay taxes every time you move from one investment property to another. We’re Starker Services, Inc. the nation’s oldest, largest and most experienced Qualified Intermediary. We provide you with the peace of mind you get only from the personal attention you will receive from our staff of highly trained professionals.
“ Thank you for all your time and effort in this exchange. This is the way a business transaction should happen. ”
We have helped tens of thousands of investors complete a §1031 Exchange with ease and efficiency. Major Real Estate firms, CPAs and escrow attorneys rely on us to help them and their clients with investment strategies that may be available on the sale of real or personal property. When you partner with Starker Services, Inc. to handle your exchange needs, you get immediate personal attention and guaranteed satisfaction.
“ I can’t thank you enough for having your work done ahead of time and walking the escrow officers through the procedures. You were great! ”
Thank you for visiting our website. Please use the menus on the left to learn more about the specific areas we can be of service to you. Or call us today at (800) 332-1031 and speak to one of our experts. Find out just how easy a §1031 Exchange can be.
Simply put, a §1031 exchange allows you to sell your investment/income property while deferring capital gains tax by reinvesting 100% of your equity into another property of equal or greater value.
The true power of exchanging is the ability to meet your investment objectives without losing equity to taxation. Known as leveraging, this method of acquiring real estate helps you purchase property many times the value of your initial investment.
The main requirement is that your property or business asset has been held for productive use in a trade or business, or for investment purposes, and be exchanged for like-kind replacement property.
You never have to pay income taxes on the sale of property if the plan is to reinvest.
Every dollar saved in taxes allows you to purchase that much more real estate.
There are time requirements of 45 days to identify the Replacement Property and 180 days to complete the entire exchange from the closing of the Relinquished Property.
Exchanges can range anywhere from a simultaneous exchange of two properties to complex, multi-party transactions involving construction and/or reverse exchanges. Consult a Qualified Intermediary like Starker Services, Inc. to find out what type of exchange is best for you.
Investors are able to maximize their capital by deferring the taxes that would otherwise be incurred on an outright sale of their property by utilizing an exchange. You can use the entire amount of the equity from the exchange to acquire substantially more replacement property.
Properly structured and administered, an exchange becomes an invaluable tax saving tool and an integral element of investment strategy.
Clients considering the sale of investment or income property should first consult your financial or tax advisor to determine if a tax-deferred exchange will benefit your long-term investment goals and retirement plans. Ultimately, you must decide whether to take advantage of an IRC Section 1031 exchange or write a check to the IRS!
This material is provided for informational purposes only and is not to be construed as tax advice. The reader is strongly advised to speak with a tax consultant before attempting to employ any of the concepts stated herein.