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  • By 1031 Exchange Advantage TM
  • September 14, 2018
  • How is a 1031 Exchange Done?

    There are many different costs involved in selling property. One of the largest costs that you can expect to incur is a tax liability known as capital gains tax. This is a tax that is levied on profit made from the sale of a property or an investment. Exactly how much tax you will be expected to pay will depend on your individual circumstances, but you may be liable to pay as much as 20% of the profit from the sale of your home back to the IRS. Fortunately, there is an alternative that gives you the opportunity to defer your capital gains tax – potentially indefinitely. It is known as a 1031 exchange. ​​​​​​​
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    happy couple speaking with a realtor​​​​​​​
  • By Sell Tax Free
  • August 16, 2018
  • The Basic Taxes Involved in a Sale of Real Estate Property

    One of the aspects of real estate that many people find most confusing is what taxes are involved in a sale of a property, and it is easy to see why. While the exact taxes you will need to pay will depend on various factors including the state where you live and what part you play in the sale and purchase, there are some basic taxes that are involved in pretty much all real estate transactions. ​​​​​​​
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    happy couple selling a house​​​​​​​
  • By 1031 Exchange Advantage TM
  • July 16, 2018
  • 1031 Exchange FAQs

    Whatever your reason for selling your home, you are almost certainly prepared for a great deal of expense. The good news is that you don’t need to pay the extensive taxes on the profits from your sale immediately if you opt for a process known as a 1031 exchange. ​​​​​​​
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