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Don’t Miss A Great Tax-Saving Opportunity
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“Presented By Hill Country 1031 Exchange”  When selling or buying investment or business property, be aware of an easy opportunity to defer tax on the gain on the transaction by using a Like-Kind 1031 Exchange . A wide variety of transactions will qualify, and contrary to popular belief, all real-estate is like kind. For example you may exchange a rental house for vacant land, a shopping center for apartments, a ranch for an office building and on and on. Long term property leases, mineral rights and oil & gas working interests may also qualify as real estate. And different transaction structures may be used: - Sale of property with the proceeds used to purchase one or more replacement properties.
- Purchase of a new property followed by the sale of a property you currently own.
- Sale of property with the proceeds used to construct a new building.
The key to making sure that the transactions qualify for exchange treatment is the IRS requirement that both sides of the transactions are handled at closing by a qualified intermediary, such as Hill Country 1031 Exchange. The property to be used for the second part of the transaction must be specifically identified within 45 calendar days and, in most cases, both sides of the transaction must be closed within 180 calendar days. Personal residences do not qualify for exchange treatment. The potential for tax savings absolutely makes it worthwhile to consider the use of a Like Kind Exchange before you close a sale or purchase of investment or business property. The steps needed to create an exchange are simple and are handled by the exchange intermediary and the title company processing your transaction Hill Country 1031 Exchange Elsie Thurman, CPA 830.596.0561 |
Online Reports
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To enhance your buying and selling experience, it’s our job as real estate professionals to provide you with as much valuable information as possible. It is essential that the buyer or seller be aware of all aspects of the real estate market before making a major decision. Whether it be through newsletters, checklists or news articles, we are here to make this process stress-free and rewarding. Please access our free reports today!
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What are you looking for in the Highland Lakes Area?
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Marble Falls
Small town USA on the banks of Lake Marble Falls | Resort living at it's finest!! | Meadowlakes
Marble Falls Sister City, private, secure gated, waterfront, golfcourse community | Kingsland
Where the Llano and Colorado Arms of Lake LBJ meet | Blue Lake
Small waterfront community with a beautiful 9 hole golf course
| Deer Haven
Beautiful waterfront community with great community waterfront
park and pool | Sunrise Beach
Quiet and private waterfront community | Granite Shoals
Small town living with a country feel |
Elsie Higdon - Cell 830.385.5717
RE/MAX of Marble Falls
808 Ninth Street
Marble Falls, TX 78654 830.798.1443 Specializing in Real Estate in:
Marble Falls ° Lake LBJ ° Horseshoe Bay ° Kingsland ° Granite Shoals
Blue Lake ° Deer Haven ° Sunrise Beach
Lake Marble Falls ° Inks Lake ° Lake Travis Serving Burnet, and Llano Counties
Homes ° Acreage ° Lots ° Condos ° Townhomes ° Ranches ° Commercial Property
Waterfront ° Golf Course |
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