Capital Gains Tax On Property
Opponents of the capital gains tax on property often lump it in with the estate tax and other government policies that they feel limit their ability to accrue wealth. Regardless of where you stand on the issue of either of these taxes, as an investor you do the have the ability to at least defer the capital gains tax on property. One of the most common ways to achieve this is to engage in a 1031 exchange. 1031 or like kind properties are reserved for "reinvestment." This means that you can take the profit from the close on a property and put it directly into another property, deferring the capital gains tax on the initial close. Like kind properties run the gamut when it comes to style and cost, but it can be difficult for investors and brokers to find a property that meets all of their criteria, mostly because a number of properties never make it into a public listing. We at TM 1031 Exchange have dedicated ourselves to helping brokers and investors find the like kind property that will help them achieve their financial goals. We never push properties--we simply make it easier to find supporting replacement properties and to make uncomplicated transactions. You can use our property search to gain information on the thousands of like kind options. Our lists are constantly updated, and we can provide you with information on new properties before the majority of brokers and investors will ever hear about them. Our service is free to the investor. To get started, call 1-877-4-TM1031 or email team@tm1031exchange.com.
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