$10,000 in Ten Minutes....

Occasionally we get a call from a prospective client who, for one reason or another, does not qualify for a 1031 exchange. Maybe they're a developer, or they want to 1031 exchange their primary residence, or maybe a fix-n-flip.

When we tell them they do not qualify, sometimes (albeit rarely) we get the response, “Let’s just go ahead with it anyway. Chances are I won’t get audited. I know the risks, and I'm willing to roll the dice.”

NOT SO FAST! We have a better idea: let us see if we can help you RESTRUCTURE your real estate in such a way to MAKE it legal. The IRS has given us the rules and the tools to do this without tax trouble.

Remember: Section 1031 is more about FORM than substance. In tax-deferred exchanges, the letter of the law is what matters. If you have a real estate transaction, chances are there are things you can do to legally make it 1031 exchangeable. And we can set you in the right direction toward this goal!

Call us with your situation, and see if we can save you $10,000 in capital gains taxes with a ten-minute phone conversation.

--The Experts