Real Estate Exchange Experts Say: Decide by December 31, 2012

The 1031 Exchange Connection, a firm of CPAs and attorneys who are real estate exchange experts, is stating that individuals ought to decide by December 31, 2012 whether to sell their property investments.

Naples, FL (prHWY.com) November 23, 2012 - Naples, Florida (November 12, 2012) - The 1031 Exchange Connection, a firm of CPAs and attorneys who are real estate exchange experts, is stating that individuals ought to decide by December 31, 2012 whether to sell their property investments.

The reason for this advice is that current law places the capital gains tax rate at 15%. The rate was previously set to expire in 2008, but was extended up to December 31, 2012. The rate goes up to 20% starting 2013. Before then, many business owners will either close deals or sell their investments altogether.

Despite fewer small businesses changing hands this year compared to a record-high 2008, some rationalize that it is better to pull out early. This will save paying out more in taxes or earning less value after 2013.

While the firm recommends that people decide whether to sell their real estate investments by the end of the year, there is an alternative. They suggest putting investments into a 1031 property exchange. Using Section 1031 of the U.S. Internal Revenue Code, exchanging certain types of property can defer capital gains taxes due upon sale.

The real estate exchange experts at 1031 Exchange Connection offer to guide individuals through this process to ensure legal compliance while not incurring any taxes at that time. They deliver expert and personalized consulting at no extra cost.

The specialists also offer to set up a 1031 investment holding company for only $399.00, then $250.00 off the next exchange. Visit www.1031-Connection.com to find out more about avoiding higher capital gains taxes in 2013.

About The 1031 Exchange Connection

The 1031 Exchange Connection is a team of certified public accountants (CPAs) and attorneys who provide consulting and tax planning services. They are located at 1185 Immokalee Road Suite 300, Naples, FL 34110. Contact them toll free at 888-659-1031 or email Nace1031@comcast.net.

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Tag Words: property exchange, real estate exchange

Categories: Real Estate

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