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Types of ExchangesBuild to Suit Exchange Business Asset Exchange Copyright Exchange Delayed Exchange Improvement Exchange Intellectual Property Equipment Exchanges Multi Asset Exchange Parking Arrangement Partnership Exchange Patent Exchange Personal Property Property Owned by Foreign National Property Owned Overseas Reverse Exchange Tenant Common Exchange Vacation or Personal Use Property Exchange Fleet Vehicles and Trucks Precious Metals
- 1031 Tax Deferred Exchange
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Business Asset Exchange
A Business Asset Exchange involves the purchase and sale of assets used in a trade or business, from a small Mom and pop store to a Fortune 500 Corporation. Businesses buy and sell their assets every day. Businesses buy and sell tens of billions of dollars of assets every year. These include assets as varied as planes, trains, automobiles, office equipment, construction and farming equipment. Deferring income taxes on gains from the sale of these assets can free up cash flow, reduce debt expense and allow the businesses to utilize their assets more efficiently. Why would I need a Business Asset Exchange? The typical tax rate on the sale of these assets is approximately 39 to 42% making them the most highly taxed assets in the Things You Should Know When we handle your 1031 Business Asset Exchange for you, you can count on the following: (1) Your company will be able to reduce your taxes, increase your cash flow, reduce your debt expense and operate more efficiently; (2) No matter the size or complexity, our team will safely guide you through the process; (3) we guarantee our exchanges that they are correct, comply with the tax laws; you will not be subject to penalties or interest, that we will reimburse any mistake or error we make and that your proceeds are safeguarded in a password protected bank account in your name; (4) we return all calls and emails promptly and (5) we make sure all your questions are answered no matter how much time is involved.
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