§1031 exchanges provide investors with a powerful tax strategy for preserving the value of an investment portfolio.  Taxes on capital gains are not charged on the sale of a property if the money is being used to purchase another property.

For nearly 100 years, investors have been able to use the tax code to defer capital gains taxes through like-kind exchanges.  Since 1984, Section 1031 of the tax code has provided investors a timeline of up to 180 days to complete the purchase of replacement property.  Exchange deferrals can be continued through as many exchanges you wish. However, when you sell the property without reinvesting in a new property, there will be capital gains and depreciation recapture tax liability.

 

Advantage Wealth Solutions harnesses the tax code as a wealth building tool, working with investors to find quality replacement properties that meet short-term needs and long-term financial goals.  We highly recommend you consult a professional tax advisor to ensure that you meet every requirement of Internal Revenue Code Section 1031. Failure to meet requirements can result in immediate tax liabilities and associated penalties. In addition, you must follow – to the letter – the strict timeline and procedural requirements for a proper 1031 exchange.

PO Box 1031, Windham, NH 03087

24 Mitchell Pond Rd, Windham, NH 03087

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The content is developed from sources believed to be providing accurate information.  The information in this material is not intended as tax or legal advice.  Please consult legal or tax professionals for specific information regarding your individual situation.

 

This is neither an offer to sell nor solicitation of an offer to buy any securities. Offering facts and terms are controlled by a sponsor’s final Private Placement Memorandum (or prospectus). All investments and tax strategies have risks, including the possible loss of principal in many cases. Always review the offering document for a more thorough discussion of risks, expenses, and limitations. Certain investments discussed on this site are illiquid  and  generally cannot be sold readily on the open market. If you need to sell an asset to raise money quickly, you may not be able to do so.  Other investments are only available to accredited investors; the Security and Exchange Commission defines an accredited investor as an individual with either $1 million in net worth (all assets, excluding primary residence, less all liabilities) or net income for the last two years of $200,000 or greater ($300,000 if married) with a reasonable expectation of such earnings in the current year.

Past performance and/or forward statements are never an assurance of future results. Advisory Group Equity Services, ltd., its affiliated companies, and its representatives do not give tax, legal or accounting advice; nothing herein should be construed as such.

Securities Offered Through: Advisory Group Equity Services, Ltd., Member FINRA/SIPC/MSRB 

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