Bozeman 1031 Exchange Company 1031 Property Exchange Gives No Cost Exchange Advice

"As a company we feel it's crucial to educate customers on the front-end regarding their options", says Rusty Squire, President of 1031 Property Echange. He adds,"Most exchange companies do not take the adequate time at the beginning to educate clients concerning all their options and many charge for this time, we do not because we believe it creates increased customer trust and more business".

"A 1031 exchnage may be complex trade and there are lots of different structuring options determined by how a property was accounted for over the life span of its ownership", says Squire.  He adds,"Tactics like bifuracation can allow the splitting of a single for deed functions in to two different properties, which is quite valuable for bigger acreage primary residences".

"Another variant are investors that wish to utilize 1031 exchange profits to buy a property which will gradually grow to be a main residence", says Squire.  He adds,"These transactions must be structured very carefully because there is the potential of capital gains and depreciation recapture return if they're not structured properly".

"There are many different ways to construction 1031 exchanges it is extremely vital to have some advance consultation to make certain that the structure chosen is appropriate prior to some property closings", says Squire.   He adds,"This is why our company, 1031 Property Exchange, has made the decision to offer you these free consultations beforehand because so many investors won't receive the essential information if they are billed to it".

"Lots of our Bozeman 1031 exchange customers market their proceeds to locations all around the United States, which is among those beauties of a 1031 in you can go to some U.S. land with all the proceeds, even Puerto Rico and Guam", says Squire.  He adds,"Our firm has performed exchanges in almost all 50 States, so we are not just a Montana 1031 exchange provider".

"Multiple changes have happened in the Internal Revenue Code 1031 regulations over recent years including the inclusion of an Obamacare tax along with the lengthening of the time period you must hold a property to not have depreciation recapture taken back", says Squire.  He adds,"Capital tax rates, which was a level 15% in the Federal level are currently tiered at 15% and 20% with most wage earners hitting at the 20% level".

"There are a lot of options so many rules with respect to 1031 exchanges that very few accountants, attornies or realtors understand each one these rules and structures", says Squire.  He adds,"This really is a very complex and specialized part of the tax code also when you have a code that is many thousands of pages in length no one individual can possibly understand the entire thing".

If you are thinking about a 1031 exchange you can simply call Rusty Squire in 1031 Property Exchange in 406-425-2742 to get your free consultation, either by telephone or in person if that is possible.