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Strategic Property
Exchanges, LLC 11353 Reed Hartman Hwy. Suite 300 Cincinnati, OH 45241 Toll Free: (800) 427-7212 Phone: (513) 412-3481 Fax: (513) 412-3482
We are a qualified 1031 exchange company
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How Does a 1031 Exchange Work with SPE? A 1031 exchange is a proactive and creative plan for every owner of investment and business property to reduce their income taxes and maximize wealth. Our tax attorneys meet with each client and their advisors to discuss their goals and create a unique tax preferred solution. If you are planning to sell and buy property contact us as soon as possible to discuss your options and create a strategy for your investment. If you do not elect to treat a sale as an Exchange, it is taxed at a combined rate of 22% to 44% based on the type of property sold and the state tax rate. If the sale is treated as a 1031 Exchange the tax gain is deferred, and with proper tax planning may be eliminated entirely. Let the tax attorneys at Strategic Property Exchanges, LLC help you to lower your taxes.In order to perform a 1031 Exchange, you must choose within a 180 day time period, to purchase one or more like-kind properties with the proceeds from the sale of the original property. To defer all income taxes, this investment must be of equal or greater value. Once a client has elected to treat their sale as a 1031 Exchange, our dedicated team of professionals will facilitate the exchange with everyone involved. We will coordinate with the brokers, title companies, lenders, attorneys and CPAs to insure a smooth transaction. Exchanges are complicated and time-consuming. Don't let them take away from the time you spend at your core business. Your questions and concerns will be addressed completely to ensure a smooth Exchange and maximization of your wealth. |
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