When you sell a business, farmland or investment property you may have an overall gain, you generally have to pay tax on the gain at the time of sale. IRC Section 1031 provides an exception and allows you to postpone paying tax on the gain, if you reinvest the proceeds in similar property as part of a qualifying “like-kind” exchange. Capital gains in a 1031 Like-Kind Exchange are tax-deferred.
Welcome to DJF Exchange Inc. where we specialize in IRC 1031"Like-Kind" Exchanges in all 50 States. DJF Exchange can determine If you qualify for a 1031 Like-kind exchange and how to structure the exchange based on your specific situation to achieve the best possible outcome for you. Please call us today for a FREE initial phone consultation.
Trust our vast experience and proven results and Contact David J Franks to schedule a free confidential review of 1031 Exchanges and see if your specific situation/needs qualify by calling 855-282-7989 Ext. 4 today.