In an article for WealthManagement, JTC’s 1031 expert explains how to take advantage of 1031 before it’s too late.
A lot has been written about the ups and downs of the real estate market over the last few years. With fluctuating prices, an inflation crisis, and political uncertainty, should property owners act now or wait until markets calm down before pursuing an exchange?
In an article for WealthManagement, JTC General Counsel, ICS USA Jill Jones explains why now could be an advantageous time for a 1031 like-kind exchange, even in a competitive real estate market. With potential changes in legislation lurking, exchangers may want to act now to receive the full tax deferral benefits currently offered by Section 1031.
The article, “Why Now Might Be the Right Time for a Like-Kind Exchange,” also covers advanced 1031 strategies and actions that can mitigate the effects of a failed exchange. A 1031 exchange could be the correct choice right now, but only if you employ the right strategies and get the right help. Read Jill’s article to learn more.
To read the full article on WealthManagement