Posted on March 7, 2018 - 01:33 PM
by john kavazanjian
The main reasons to execute a 1031 exchange when selling properties is to defer the tax until your heirs get a step up in cost basis and to avoid the recapture of depreciation.
However a better reason to use a 1031 exchange is to exchange it with a property that yields better cash flow. While using the 1031 as a tax strategy for the long run it does not yield spendable dollars in the short run.
Improving your cash flow is an effective strategy to affect the short run.
The subject is dry and boring so rather than cover it all, either utilize this ultimate tax guide for 2017, or I would like to hear your situation and perhaps I can point you in the right direction and provide advice about commercial real estate.
Dont Miss a New Listing Again!
Already registered? Login
FREE AUTOMATED EMAIL UPDATES
Sign in to take advantage of all this site has to offer. Save your favorite listings and searches – also receive email updates when listings you like come on the market for free! *Contact Information NOT Shared*
. John Kavazanjian Signature International Real Estate LLc.
901-c Clint Moore rd. Boca Raton, FL. 33487
(561) 699-3004 Cell firstname.lastname@example.org