CTP Show Blog
Welcome to the CTP Show
Learn About 1031 Exchanges Before Selling Your Home
September 30, 2009 on 3:45 am | By admin | In Business | No CommentsWhen selling your home there are many tips and tricks that can help you save money. Any home owner knows that the process can be grueling, especially if you are not informed so any tips go a long way. One strategy that may be overlooked includes the possibility of a 1031 exchange. This method defined in Section 1031 of the IRS tax code, enables an owner to exchange their property for another property of equal or greater value and defer all capital gains taxes. A 1031 tax exchange can greatly enhance your buying power and help you avoid taxes that could otherwise liquidate your home equity.
No Comments yet
RSS feed for comments on this post. TrackBack URI