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Helene Moore's Blog

By Helene Moore | Agent in Henderson, NV

The benefits of exchanging vs. selling? 1031


The Benifits of exchanging your property is that Section 1031 exchange is one of the few techniques available to postpone or potentially eliminate taxes due on the sale of qualifying properties.

 
• By being able to defer the capital gains tax, you have more money available to invest in another property. In effect, you receive an interest free loan from the federal government, in the amount you would have paid in taxes.

• Any gain from depreciation recapture is postponed.

• You can acquire and dispose of properties to reallocate your investment portfolio without paying tax on any gain.


Helene M Moore
Windermere Prestige Properties
www.MooreVegasHouses.com

Comments

By Wes Black,  Sun Aug 21 2011, 20:55
I have learned something new today. Thanks for the post.
By Helene Moore,  Sun Aug 21 2011, 21:09
Your Welcome Wes ... watch for more of my 1031 posts.
A great tool to help investors.

Helene M Moore
By Renee Burrows,  Mon Aug 22 2011, 06:39
Excellent tool for investors!
By Helene Moore,  Mon Aug 22 2011, 07:15
I agree Renee.
thank you for reading my post.
Helene M Moore

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