Austin, Texas and surrounding communities continues to show appreciating real estate values for investors of 1031 exchanges. 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 taxes triggered and cash out or defer capital gains and recaptured depreciation taxes by replacing with like kind exchange replacement properties.
The Certified Exchange Specialist on staff has been providing qualified intermediary services to professional advisors 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 managed meticulously, 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 and Realtors provide us with referrals or call to discuss tax planning strategies.
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