are you ready to start an exchange today?
At Gibraltar 1031 Exchange, our mission is to provide unparalleled exchange services for each of our clients by simplifying the potentially difficult 1031 Exchange process. Gibraltar 1031 Exchange is here for you anytime, whether to answer any quick question or walk you through the intricate details of Internal Revenue Code Sections 1031. We are a full-service qualified intermediary firm ready to assist you with any 1031 Exchange needs. We want to provide you with a worry-free exchange experience as we guide you through everything you need to know about 1031 Exchanges.
A 1031 Exchange is one of the best wealth preservation and creation tools still available. A 1031 Exchange allows taxpayers to defer payment of taxes when they sell investment property and reinvest the funds to purchase replacement investment property. A 1031 Exchange is based on Section 1031 of the Internal Revenue Code, and has been around for over a century. In order to navigate through the complexities of the IRC, the taxpayer needs a reliable Qualified Intermediary, Gibraltar 1031 Exchange, to prepare the legal documentation, safely and securely hold the exchange proceeds, and assist in navigating the taxpayer through the process.
Why do a 1031 Exchange?
When an investor sells an investment property, chances are that they are looking at a large amount of
capital gains taxes. By utilizing a 1031 Exchange, a large portion, if not all, of that tax liability is able to
be deferred so that the taxpayer can keep their equity to reinvest in another investment property. In
investment language – the money saved by not paying the taxes allows the investor to purchase that
much more real estate. An exchangor can continue to 1031 Exchange throughout their lifetime in order
to permanently defer their capital gains taxes.
With the help of Gibraltar 1031 Exchange, an exchange is a vital wealth-building, tax-saving
investment strategy.