At P.S. Platinum, we want to give our clients the tools they need to make smarter real estate investment choices.  This is why we have decided to offer our clients a free 1031 Exchange consultation with our 1031 Exchange expert, David Greenberger of 1031 Exchange Advantage in Carlsbad, CA.

To register for your free consultation, please click HERE.

1031 Exchange: The Basics

Section 1031 of the IRS code allows you to buy and sell real estate without paying any taxes. However, you must know the rules.

Ideal situations for a 1031 Exchange:

• Need to relocate due to divorce? You can sell your home tax-free.
• Want to sell your vacation property? Sell tax-free and avoid losing 30-40% of your profits in taxes.
• Have your kids gone off to college? Buy a new home tax-free.
• Time to retire? Invest in real estate tax-free.
• Want to fix up a property with tax-free money? No problem.
• Exchange into a better investment.

Types of exchangeable properties:

• Residential Properties
• Multi Family
• Home Office
• Triple Net Leases (NNN)
• Delaware Statutory Trust (DST)
• Condo Hotels
• Oil and Gas
• Raw Land
• Foreclosure
• Cash Out Options

In the words of David Greenberger, our 1031 Exchange expert, “Death and taxes are certain unless you exchange.”