Celeste Dunn, REALTOR® Make Yourself at Home in San Diego

The 1031 Exchange

The 1031 Exchange is one of the last tax shelters allowed by the Internal Revenue Service. It is a property transaction in which a taxpayer exchanges investments property for like-kind property and defers the payment of capital gain taxes. The IRS defines like-kind property as all real property held for productive use of trade or business or for investment purposes. This basically means any real estate held for investment except your primary residence and second family home.

Things to consider for a 1031 Exchange:

MAXIMIZE the equity you have gained in recent years and leverage it into a much greater real estate portfolio with greater cash flow.
REDUCE your investment risk factors by diversifying your portfolio should the market adjust.
REDUCE the stress and time you spend managing your properties without sacrificing income or growth potential.
MINIMIZE or defer the tax burden for yourself and your heirs AND still grow your asset base.
UTILIZE the same strategies employed by large institutional real estate investment firms.
LEARN if you are currently holding TITLE to your properties in a way to protect you and your estate.
UTILIZE the maximum amount of depreciation.

Please call me with any questions, (619) 459-0782 or Celeste@MetroHomeSanDiego.com.