1031 exchanges

1031 EXCHANGES ARE OFTEN REFERENCED AS “LIKE KIND EXCHANGES” UNDER THE IRS CODE 1031. IN AN EXCHANGE OF REAL PROPERTY, YOU MAY “TRADE” PROPERTY FOR ANOTHER PIECE OF PROPERTY.


THERE ARE MANY RULES GOVERNING 1031 EXCHANGES. YOU WILL NEED A “QUALIFIED INTERMEDIARY” FOR THESE TYPES OF TRANSACTIONS.

PLEASE CONTACT A TAX ADVISOR OR 1031 EXCHANGE COMPANY IF YOU ARE CONSIDERING A 1031 EXCHANGE TRANSACTION AND LET THEM KNOW YOU WOULD LIKE BRIGHT TITLE & TRUST LLC TO HANDLE THE CLOSING (smileyface)

PLEASE CONTACT A TAX ADVISOR IF YOU ARE CONSIDERING A 1031 EXCHANGE TRANSACTION.