What is a 1031-Tax Deferred Exchange
WHAT IS A 1031 EXCHANGE
A Tax-Deferred Exchange represents a simple, strategic method for selling one qualifying property and the subsequent acquisition of another qualifying property within a specific time frame. Essentially, if you sell an investment property and use the proceeds to purchase a Like-Kind investment property, you can avoid paying State and Federal income taxes.
The IRS recognizes NCS Exchange Professionals as a Qualified Intermediary, meaning that we will act as the third party during your transaction, holding all funds. One of our biggest concerns is the security of your funds. Unfortunately, this industry is not highly regulated and not all Qualified Intermediaries offer the same security as NCS Exchange Professionals. We are backed by the strength of Mother Lode Holding Company, and we guarantee your funds in writing with every transaction. It's good to have the Professionals on your side!
A Tax-Deferred Exchange represents a simple, strategic method for selling one qualifying property and the subsequent acquisition of another qualifying property within a specific time frame. Essentially, if you sell an investment property and use the proceeds to purchase a Like-Kind investment property, you can avoid paying State and Federal income taxes.
The IRS recognizes NCS Exchange Professionals as a Qualified Intermediary, meaning that we will act as the third party during your transaction, holding all funds. One of our biggest concerns is the security of your funds. Unfortunately, this industry is not highly regulated and not all Qualified Intermediaries offer the same security as NCS Exchange Professionals. We are backed by the strength of Mother Lode Holding Company, and we guarantee your funds in writing with every transaction. It's good to have the Professionals on your side!
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