Save Your Gains With A 1031 Exchange
This tax-deferred exchange allows the investor to defer paying capital gains tax on investment properties, meaning they can invest up to 28% of their gain that might otherwise be lost to taxes in another investment property.
There are many reasons to defer capital gains taxes: more money down, a nicer part of town, lower tax rates at a later date … Discuss the possibilities with Chin MacQuoid Fleming Harris.
