New Jersey (NJ) shore new home purchase. New Jersey (NJ) Real Estate in Stone Harbor, Avalon, Sea Isle, Ocean City, Cape May Court House. Best kept secrets in saving taxes on New Jersey Shore vacation homes. Sitemap Updated:1031, IRS, tax exchange, New Jersey, NJ, Shore, Stone Harbor, stoneharbor, Avalon, Sea Isle City, Cape May Court house, cape may courthouse, Wildwood Crest, stoneharbor, ocean city, atlantic city, Selling, Sell, Real Estate, Beach, Ocean;  Tuesday November 13, 2018

 


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Photo 1031, IRS, tax exchange, New Jersey, NJ, Shore, Stone Harbor, stoneharbor, Avalon, Sea Isle City, Cape May Court house, cape may courthouse, Wildwood Crest, stoneharbor, ocean city, atlantic city, Selling, Sell, Real Estate, Beach, OceanWhat is a 1031 exchange?

Under Internal Revenue Code (IRC) Section 1031, a real property owner can sell his property and then reinvest the proceeds in ownership of like-kind property and defer the capital gains taxes. 

To qualify as a like-kind exchange, property exchanges must be done in accordance with the rules set forth in the tax code and in the treasury regulations.

The 1031 exchange can offer significant tax advantages to real estate buyers. Often overlooked, a 1031 exchange is considered one of the best-kept secrets in the Internal Revenue Code.

Click the bulleted topics below to learn more.

Disclaimer: The information provided herein is not to be construed as legal or tax advice and is qualified in its entirety by the actual closing documents. In case of any discrepancy, the actual closing documents will control.
 

Photo 1031, IRS, tax exchange, New Jersey, NJ, Shore, Stone Harbor, stoneharbor, Avalon, Sea Isle City, Cape May Court house, cape may courthouse, Wildwood Crest, stoneharbor, ocean city, atlantic city, Selling, Sell, Real Estate, Beach, Ocean

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Tuesday November 13, 2018


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Lisa Fletcher - Real Estate Agent for C Otton Coldwell Banker Stone Harbor New Jersey NJ

                                                                                                        

 
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