Considering a 1031 Exchange?
Full Service 1031 serves our clients as a reliable 1031 Qualified Intermediary. Let our professional team educate you about how a 1031 exchange can benefit you, and help you meet your financial goals.
DeFer Capital Gain Taxes
Section 1031 of the Internal Revenue Code provides an effective strategy for deferring capital gains taxes from the sale of an investment property. By exchanging the property for like-kind real estate, property owners may defer their taxes and use the proceeds to purchase the replacement property. Like-kind real estate includes business/investment property, but not the owners primary residence.
Estate planning for heirs
A 1031 exchange is a powerful estate planning tool. Executing a proper 1031 Exchange can provide ease of transfer to your beneficiaries at a stepped up cost basis. Traditionally when you sell appreciated real estate, you must pay taxes on the gains. Through a 1031 Exchange, heirs receive the property at a stepped-up basis equal to its fair market value on your date of death. Erasing any previous appreciation in value and allowing them to inherit the property tax-free.
Build and preserve wealth
You work hard for your money and we want you to keep it. Section 1031 in the Internal Revenue Code helps property owners protect and keep their earning power. Investing in real estate can be a powerful tool to help you reach all of your financial goals and retirement needs.