A like-kind exchange can result in a huge tax deferral when selling investment real estate. All you need to do is reinvest your sales proceeds into a new replacement property. Start realizing the tax-saving benefits of a 1031 exchange today. Contact our Inver Grove Heights qualified intermediaries about whether or not your property qualifies for 1031 exchange – 612.643.1031.
Benefits of a Minnesota 1031 Exchange
There are many benefits of exchanging real estate in a 1031 exchange transaction. The greatest benefit is the potential tax savings. When set up properly, a 1031 exchange allows you to defer all of your capital gains taxes on the sale of real estate. It’s important to work with a qualified intermediary to ensure that your exchange is set up properly.
MN Real Estate Exchange Resources
Having the necessary resources at your disposal is essential for a successful 1031 exchange. For your convenience, we’ve compiled a list of helpful resources on the topic of 1031 exchanges. If you have any additional questions, don’t hesitate to reach out to our Inver Grove Heights qualified intermediaries today!
Start Your 1031 Exchange in Inver Grove Heights Today!
Get your 1031 exchange started today by contacting one of the qualified intermediaries at Commercial Partners Exchange Company. Our team of qualified intermediaries has been facilitating exchanges of like-kind real estate for more than twenty years. We have the knowledge and experience to guide you through all the details of your exchange, all the way to through the closing of your property. Reach out to our 1031 exchange professionals to learn more about the like-kind exchange process and how we can help you save money in capital gains taxes when selling real estate.