TAX INFORMATION
The opportunity to exchange
rather than sell properties is an area of expertise where we can assist
you. Like Kind Exchanges under Section 1031 of the Internal Revenue Code
can save payment of thousands to hundreds of thousands of dollars in taxes.
Since one of the requirements of
the exchange is that a qualified independent third party be used to gain you
your favorable tax benefits, Invesgro can guide you through the process of a
1031 exchange and help you evaluate what works best for you. There are
critical time periods, certain types of properties that qualify, and
reinvestment criteria that must be followed in order to qualify for your tax
savings.
Here are some helpful guidelines that cover some of the important issues
to consider.
