Are you ready to sell a non-owner occupied property (land, single family rental, commercial, vacation home, etc.)?
As we start to close out on the 2023 year we are looking at the value of a 1031 exchange during these transactions!
What is a 1031?
'A 1031 exchange gets its name from Section 1031 of the U.S. Internal Revenue Code, which allows you to avoid paying capital gains taxes when you sell an investment property and reinvest the proceeds from the sale within certain time limits in a property or properties of like-kind and equal or greater value.'
Contact us to discuss your options!
WardellHolmes.com
816-416-7111
info@wardellholmes.com
for more info on 1031:
apiexchange.com
