1031 Tax Exchange for your Orlando Home

Over the years I have had many investors - Orlando vacation home buyers ask about upgrading to a bigger property. In most cases the best way to do this is by utilizing a 1031 tax exchange. A tax deferred exchange makes it possible for an owner to sell a piece of investment property and buy a new property using the profits from the sale without having to pay taxes right away. Taxes are not due until the owner decides to sell the new piece of property. The reason for this is that when a property is sold or exchanged to buy a similar piece of property, the new property is seen as part of the initial investment.

These tax deferred exchanges are an opportunity that everyone can benefit from, not only seasoned