1031 Exchanges
Posted Jan 16, 2007 @ 7:02 am, Viewed by 893 Visitors, Read 904 Times.1031 Exchanges are effective methods of transferring real estate wihout incurring undue capital gains taxes. Sounds great, right? But there's a lot more to it than meets the eye! Miss a deadline or incorrectly put this type of transaction together and you have not only negated any good --you can cost yourself THOUSANDS in taxes as well.
There is a field guide to putting 1031 transactions together that is FREE and available at the National Association of Realtors site that I have linked below.
One of the REALTORS in our office who specializes in investment property and Tax efficient transactions is Joe "The Real Estate Guy" Hampton.
He has been a long time member of the Kentucky Real Estate Investors Association and has the experience of many 1031 exchanges under his belt.
All this and he's a really nice guy, too!
By the way, you can reach him at our office at 502 425-6000 x159
Eric Blackwell
Technologist
Louisville Real Estate | Southern Indiana Real Estate
RE/MAX Properties East
Southern Indiana Search Marketing / EriconSearch
My Local Search Engine Marketing Blog
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Eric Blackwell is Director of Technology for RE/MAX Properties East. He helps REALTORS reach and assist their clients using Technology and he is the Webmaster of www.HomesinLouisville.com.
Eric also consults on Search Engine Marketing issues and does Search Engine Optimization for select clients. Read More
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