Austin, Texas and surrounding communities continue to show appreciating investment property values for 1031 exchange investors. Given steady job growth, investors anticipate rental properties and other real estate values to slowly rise. Prior to these properties being sold, the choice is whether to pay the capital gain tax and cash out or defer capital gains and recaptured depreciation taxes by replacing with like kind exchange investment properties.
The Certified Exchange Specialist on staff has been providing 1031 exchange qualified intermediary services to professional advisor's and their clients on a variety of real and personal property since 2003. In Austin, 1031 exchanges are initiated on the following types of real and personal properties.
Each exchange is meticulously managed, following 1031 security and transparency procedures, depositing exchange proceeds into non commingled, interest bearing accounts insured by FDIC. Multiple banks can be used to hold the proceeds. Accountants, Attorneys, Title Companies, Banks, Realtors, Clients and word of mouth provide referrals to accommodate 1031 tax deferred exchanges.
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