Team of Specialists Offer 1031 Like Kind Exchange Services

The 1031 Exchange Connection is offering people a unique way to defer paying taxes after selling their real estate investments.

Naples, FL (prHWY.com) November 23, 2012 - Naples, Florida (November 9, 2012) - The 1031 Exchange Connection is offering people a unique way to defer paying taxes after selling their real estate investments. By using a section of the Internal Revenue Code, this team of specialists provides 1031 like kind exchange services that enable people to reinvest their taxes and build wealth.

As the words "capital gains tax" implies, tax is usually collected from a capital gain or profit during the sale of a property. The Internal Revenue Code may require one to make estimated tax payments if he or she has a taxable capital gain. However, the same Code has a specific provision, Section 1031, that might allow the individual to defer paying capital gains tax at a later date.

Although capital gains tax has to be addressed at some time in the future, Section 1031 potentially enables a person to put that tax into other investments. In turn, the individual can grow his personal wealth while being able to pay the appropriate tax at a given time.

One way to accomplish this is with the 1031 like kind exchange and swap a business or investment asset for a similar one, although special rules may apply. The 1031 Exchange Connection offers to walk interested parties through the maze of Internal Revenue Code rules, allowing them to change the forms of their investment/s without realizing capital gains.

The group also suggests that people decide by December 31, 2012, as the Internal Revenue Code raises the capital gains tax rate from 15% to 20% by then. Go to www.1031-Connection.com to learn more.

About The 1031 Exchange Connection

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

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Tag Words: 1031 like kind exchange

Categories: Real Estate

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1185 Immokalee Road Suite 300, Naples, FL

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