Sarasota 1031 Exchange
If you have a property that qualifies for a Starker exchange (1031 exchange) we can help you research and locate a "like-kind" investment property and complete the procedure. A 1031 tax-deferred exchange allows investors to reinvest the federal capital gains and defer the payment of the tax that would normally be due on the sale. We can work with your exchange agent on the sale of your property as well as locating and acquiring an exchange property within the 180 day time limit.
Section 1031 of the IRS code allows investors to defer federal capital gains taxes on the exchange of like-kind investment properties. If you have a property that qualifies for a Starker Exchange, contact us today for more information on completing a Sarasota 1031 Exchange. We can help you get set up with a qualified exchange intermediary to ensure compliance with the sometimes complicated rules surrounding this transaction.
For more information visit Internal Revenue Code Section 1031