Spectrus Real Estate - 1031 Exchange Overview
Under Internal Revenue Code (IRC) Section 1031, a real property owner can sell certain property and then reallocate the proceeds into ownership of like-kind property and defer the capital gains taxes. To qualify as a like-kind exchange, property exchanges must be done in accordance with the rules set forth in the tax code and in the treasury regulations. The 1031 exchange can offer significant tax advantages to real estate buyers. Find out more by reading more 1031 exchange information.
Spectrus Real Estate provides the real estate buyer with the knowledge, experience, and expertise needed for successful investment real estate ownership such as 1031 exchange property.
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