Note: Please seek the advice of a tax attorney or other expert regarding the particulars of your transaction, and how the purchase of “like-kind” property can benefit you. Review Section 1031 of the Internal Revenue Code for rules and requirements.

When you seek to defer tax on proceeds from the sale of another real property, and wish to “exchange” for a land investment which requires little management to appreciate your investment funds, we can help you out!

We can do the leg work for you in property selection, profit analysis, and in recommendations that will assist you in accomplishing a like-kind (Internal Revenue Code Section 1031) exchange.

You may defer the taxes you will pay for the gain on your current property until such time you sell this “replacement” property!

Exchanging for land (which we can help you secure and you may hold for long term) will increase the amount of inheritance you may leave for your heirs, by deferring tax payments to the IRS, by the growth of your investment, and by a new tax basis (fair market value) for the property assigned after the time of your passing, which potentially results in lower tax payments by your heirs as well.

Let’s discuss the possibilities in your investment situation- call us today at 540-763-2321 or 540-745-2322!