Why would you choose a 1031 exchange if you are planning on selling and buying business or investment assets? Because it allows you to defer taxes on capital gains or depreciation recapture.
Of course that raises the question – what types of assets are exchangeable? All real estate is typically considered to be like-kind (a necessary component to a successful exchange).
JTC is the nation’s leading independent 1031 Qualified Intermediary, working with a wide range of clients, including some on the Fortune 1000 list. We offer a team of industry experts with experience in all market segments and exchange types including reverse 1031 exchanges. We are unique in that we have innovative technology-based solutions that can be customized to facilitate even the most complex 1031 exchange transactions.
Still want to know why you should choose a 1031 exchange? Visit our 1031 Exchange Guide to learn more!