We specialize in Sourcing Replacement Properties For Your 1031 Exchange
Fill In The Form to the right and will send you deals that meet your criteria to ensure you get the best replacement property for your exchange.
Internal Revenue Code Section 1031 “Like Kind Exchanges” are the best way to defer capital gains taxes when buying and selling real estate. Whenever you sell business or investment property and you have a gain, you generally have to pay tax on the gain at the time of sale. IRC Section 1031 Provides an exception and allows you to postpone paying tax on the gain if you reinvest the proceeds in similar property as part of a qualifying like-kind exchange. Gain deferred in a like-kind exchange under IRC Section 1031 is tax-deferred, but it is not tax-free.
Contact OMDM today to discuss your 1031 Exchange needs.