The Pensacola beaches and the US Naval Air station provide a stable environment for appreciating real estate values. Investors owning real estate know how a 1031 tax free exchange provide an “interest free loan” when following 1031 exchange rules and replacing with any type of real estate. 1031 exchanges are not tax free, though they can be part of an estate plan to step up the basis to the beneficiary making them potentially tax free.
The Certified Exchange Specialist on staff provides qualified intermediary services to professional advisor's of individuals and businesses in Pensacola. Atlas 1031 assists in accommodating 1031 exchanges on a variety of types of properties including:
There are many types of exchanges including forward or delayed, simultaneous, reverse, build to suit and personal property exchanges. Each follows 1031 exchange guidelines, rules and requirements providing 1031 security and transparency. The following are eligible for a 1031 tax deferred exchange:
Each exchange is managed carefully, providing 1031 exchange documentation, depositing the exchange proceeds into non commingled, interest bearing FDIC insured accounts. The Exchangor has the option to secure the funds with a personal identification number known only by the Exchangor and the bank or a Qualified Escrow Account requiring the Exchangor’s notarized signature authorizing disbursement.
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