1031 Exchanges
IRC § 1031 Exchanges
Section 1031 of the Internal Revenue Code (the "Code") allows persons or entities to sell or exchange real property that is held for investment purposes and replace that property with other property of a like kind without realizing tax on profits. The Code and its voluminous Revenue Rulings make compliance very treacherous with the result being unexpected tax which could be up to 39 % or more in some situations. Our firm coordinates with § 1031 specialists to ensure you receive the highest quality representation for every situation. Remember that your 1031 exchange requires forethought and planning and we must be involved long before closing or contracting. Please call and have one of our attorneys discuss your 1031 Exchange prior to contracting.
For more information, please contact:
Amy K. Walsh, CES®
Certified Exchange Specialist® – Senior Account Executive
LandAmerica 1031 Exchange Services
4 Wheat Cressing Court, Greenville, SC 29607
Phone: (864) 234-9926 | Fax: (864) 234-9927
Cell: (864) 346-4828 | AmyWalsh@LandAm.com
www.LandAm1031.com/Southeast