March 16, 2025

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A 1031 exchange allows investors to reinvest proceeds from the sale of an investment property into another similar property without immediately incurring capital gains taxes. The process requires reinvestment within strict timelines — 45 days to identify a replacement property and 180 days to complete the purchase.

“In essence, a 1031 exchange lets investors keep more of their money working for them by delaying taxes on their gains,” said Karen Courtney, corporate counsel and national commercial manager at Advocus. “With our new 1031 exchange services, we’re making it easier for customers to navigate the process and secure their financial future.”

Under the new offering, Advocus National 1031 Exchange will act as the qualified intermediary, holding sales proceeds and ensuring compliance with IRS regulations. The company will also provide access to attorneys and certified exchange specialists.

Security measures for the service include a $50 million Fidelity bond, $25 million errors and omissions coverage, and $15 million in cyber liability coverage.

“By providing access to 1031 exchange services, we’re helping real estate professionals, investors, and businesses leverage 1031 exchanges to grow wealth and achieve their goals,” Courtney said.

The service is aimed at real estate investors looking to reinvest in larger or more profitable properties, business owners shifting their commercial holdings and individuals planning for retirement, company leaders explained.



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