Are you getting ready to sell a property and buy another? You can defer your capital gains taxes by taking advantage of a 1031 Tax Deferred Exchange. The Law Office of Robert B. Angle, Jr., Attorney, PA will walk you through the process and explain what it means for your taxes and finances.
Attorney Angle will discuss the qualifications for tax-deferred treatment under a 1031 Exchange and make sure all the necessary paperwork is completed. Contact The Law Office of Robert B. Angle, Jr., Attorney, PA today to schedule a consultation with a real estate attorney in Boone, NC.
When you’re selling an investment property and want to avoid paying substantial capital gains tax, you can roll your profits into another property and defer paying the taxes. It’s important to note that: