Tax Deferral (Immediate and Indefinite): Capital gains taxes otherwise payable on the taxable gain resulting from the sale are deferred and transferred to the replacement property. Tax is not due until the taxpayer sells the replacement property without utilizing a 1031 exchange. Since there is no limit to the number of exchanges a taxpayer can complete, it is possible to defer the payment of tax repeatedly.
Strategic 1031 Exchange Advisors, LLC, a Georgia limited liability company, is a qualified intermediary for 1031 exchanges only. It is not an accounting firm, law firm or registered investment professional and therefore is not qualified to give accounting, tax, legal or investment advice, and, further, cannot act in an agency capacity on behalf of its clients. This website is for informational purposes only and does not and is not intended to constitute accounting, tax, legal or investment advice. We advise you to consult with your accountant, attorney and investment professional on all matters related to your exchange.