Consider the advantages of a 1031 exchange. When you sell an investment property, you are required to pay taxes on your capital gains – not equity or profit. That means, even if you don’t realize much profit, you may still owe substantial capital gain taxes.
By utilizing Brabazon as your “Qualified Intermediary” and escrow service, you can comply with Section 1031 of the Internal Revenue Code for tax deferred investment property sales when purchasing a qualifying, new property.
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