An Apple Valley Equity Exchange – also known as a 1031 exchange – is a great way to sell a property without having to worry about capital gains taxes. If you want to know more about this legal way to save money when you’re selling a property, keep reading. We’re going to explain it so that it’s easy to comprehend.
Basically, with a 1031 exchange, you can avoid paying capital gains taxes on the money you make from selling a property if you turn around and invest the proceeds in another income producing property. You only have a limited amount of time to do this, but we can help make sure you meet all the required deadlines.
Apple Valley Equity Exchange Benefits
First, let’s go over a list of just some of the benefits of this type of real estate transaction in Minnesota.
- Legally Avoid Taxes – While everyone likes to pay their fair share when it comes to taxes, you don’t want to pay too much. With an equity exchange in Apple Valley, MN, you can avoid capital gains taxes.
- Grow Your Wealth – Because you have to invest the money you made from a real estate transaction into another revenue producing property, you’re spurred to keep growing your wealth.
- 1031 Exchanges are Easy – Believe it or not, getting the benefits of an Apple Valley equity exchange is actually quite easy – especially when you allow us to help.
As you can see from the short list above, there are many reasons to be interested in an equity exchange.
Equity (1031) Exchanges in Minnesota
Want to know more about how an equity exchange can help you hold onto more of your hard earned money, the next step is to contact us. The sooner you call or send us an email, the sooner you’ll be able to get the answers you need to make an informed decision. A 1031 exchange is a legal way to get more from your money, and we can help you with all types of real estate transactions in Minnesota.