Tax Deferred Exchange
For those smart investors with their
money in real estate, the tax code offers a particularly nice tax deferred exchange opportunity: Section 1031 allows property owners to make an exchange of "like-kind" properties while avoiding payment of capital gains tax. The "1031 exchange,"
as it's known, is a relatively easy transaction, which gives investors the
monetary power of deferring taxes. The 1031 exchange is a boon to buyers looking
to put every single investment dollar to good use.
Get
the Tax Deferred Exchange Experts on Your Side
A necessary part of the 1031 exchange is the
use of a qualified intermediary. The intermediary facilitates the whole process
and holds the funds from the sale of the first property until the close of the
replacement property. At Bankers Escrow Corporation, our team of experts knows
the 1031 exchange process backwards and forwards and helps clients to understand
the details and deadlines during the filing of a 1031 exchange.
The CPAs,
attorneys, exchange specialists, and escrow officers that comprise the Bankers
Escrow Corporation team strive to make the 1031 exchange process smooth and
simple for our clients. Unlike many 1031 exchange companies, our experts
actually answer the phones and work closely with each client. We are fully
bonded and insured, and all escrow services
and 1031 exchange proceeds are deposited in
separate, bonded, dual-signature escrow accounts.
To get started, contact
Bankers Escrow Corporation for a free consultation. The 1031 exchange is an
excellent way to make your money work hard for you. Talk to an exchange
specialist from Bankers Escrow Corporation about your tax-deferred exchange
today, and get in on the best-kept secret in the tax code.