Any United States taxpayer can utilize a 1031 exchange when selling real estate to defer their capital gains taxes. Call our qualified intermediaries today to set up a time to chat with our Woodbury 1031 exchange professionals – 612.643.1031.
Woodbury 1031 Exchanges of Real Estate
A like-kind exchange under section 1031 of the Internal Revenue Code can help you defer capital gains taxes when selling a piece of investment real estate. That being said, you need to abide by various rules and requirements in order to avail yourself of capital gains tax deferral. Most importantly, you need to redeploy all of your net proceeds from the sale of your property into a new replacement property.
At Commercial Partners Exchange Company, we facilitate 1031 exchanges throughout the state of Minnesota, including the cities of Woodbury, Oakdale, Maplewood, Cottage Grove, and more.
Like-Kind Exchange Resources
1031 exchanges may seem simple on paper, but they are often more complicated than many people realize. To simplify the process, we have put together a few 1031 exchange resources for you to peruse. Click on the links below to view these resources and don’t hesitate to reach out to our team with any additional questions:
Start Your Like-Kind Exchange in Woodbury, MN
At Commercial Partners Exchange Company, we are committed to providing unparalleled 1031 exchange services to clients throughout the United States. Our qualified intermediaries have over two decades of experience servicing the 1031 exchange industry. Let us put our years of experience to work on your exchange! Contact us today to learn more about our services and to get started with your like-kind exchange today. You can find us at our primary office location in downtown Minneapolis, or at one of our satellite offices around the country.