RE/MAX of Whitefish

and thank you for visiting my site. You will find plenty of helpful information here. Browse around and search local listings or find out about local happenings. 1031 Tax Deferred Exchanges: A Brief Overview of What an Exchange is and the Advantages They Have Sec. 1031 of the Internal Revenue Code allows an owner of an investment property to exchange that property and defer paying federal and state capital gain taxes on the profit of that sale if they follow specific rules and regulations established by the IRC. What this does is allow you to take all proceeds from your original property sale and leverage into more valuable "like kind" property, thereby increasing cash flow, or property values without paying taxes on the gain from the original sale. [Read More]

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