Property investment is a smart financial choice, and there are times when it makes sense to defer capital gains. When that situation arises, there is an Internal Revenue Code Section, called Section 1031, that allows the swap of one “like kind” investment asset for another, with little or no tax due at the time of the sale and purchase.
With Redmond Realty, a San Francisco 1031 exchange is easier than it sounds, and can be a boon for you. The team of real estate professionals at Redmond Realty can explain the possibilities and details of a 1031 exchange of your investment property with you. Contact us today to investigate the possibilities of deferred capital gains to build equity in your real estate investment portfolio.