Rural-Texas  Ranch and Rural Real Estate . . . with Real Results

Rural-Texas.com

1031 Exhanges

Icon 1031-Exhanges

Defer taxes when buying and selling commercial or investment real estate Generally, the sale of a real property, such as an office building, rental house, apartment building or strip mall, is a taxable event which creates a tax liability to the seller. However, Section 1031 of the Internal Revenue Code allows for taxes to be deferred for a qualifying exchange of like-kind property, in which you buy one piece of real estate to replace another.
If you’re selling a business or investment real estate property and buying another, Section 1031 may enable you to defer capital gains and other tax liability on the transaction. But it’s crucial that the transaction be structured as an exchange that complies with “safe harbor” IRS regulations that apply to Section 1031 exchanges. Just remember: an exchange is eligible for tax deferral; a sale followed by a purchase is not!

 

Search Listed Properties

MLS Find Your Piece of TEXAS!

 

Property Search Disclaimer

  • This information has been obtained from sources believed reliable. VINING REALTY GROUP have not verified it and makes no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

Texas MapsTexas Maps | Link

  • Did You Know? Denied admission as a state by antislavery forces in the U.S. Congress,
  • The leaders of Texas formed an independent republic that lasted until 1845, before joining the Union.

 

Testimonial

"Nullam molestie aliquam diam at lacinia. Curabitur placerat nisl, nec bibendum enim laoreet non."

Van - Web Designer

TREC CONSUMER NOTICES