If you plan to sell property in 2013, you may want to consider a 1031 Exchange to avoid Capital Gains taxes. Check out this article by Kyle Koller on biggerpockets.com which explains why a 1031 Exchange can be good for you.
At BuyWisconsinLand.com, we will be happy to help with your search for property, and we can assist with a 1031 Exchange. If you have questions just email us at property@buywisconsinland.com
Most real estate investors understand the general concept of a 1031 exchange or, at the very least, have heard of it. Few, however, understand exactly what takes place within one of these exchanges and how powerful a tool it truly is. So let’s explore a subject that is close to everyone’s heart: not paying taxes on hard-earned money!For more information you can also visit the IRS website Like-Kind Exchanges Under IRC Code Section 1031
Full Story Don’t Pay Taxes on Your Capital Gains: 1031 Exchanges
At BuyWisconsinLand.com, we will be happy to help with your search for property, and we can assist with a 1031 Exchange. If you have questions just email us at property@buywisconsinland.com
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