Granite Exchange Services
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General Information
Locality: Granite Bay, California
Phone: +1 800-899-6959
Address: 5925 Granite Lake Dr, Suite 150 95746 Granite Bay, CA, US
Website: www.1031granite.com
Likes: 2192
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Same Tax Payer- The tax return, and name appearing on the title of the property being sold, must be the same as the tax return and titleholder that buys the new property. Learn how to structure your 1031 exchange to maximize tax savings.
A 1031 exchange can be used by savvy real estate investors as a tax-deferred strategy to build wealth. The many, complex moving parts not only require understanding the rules, but also enlisting professional helpeven for seasoned investors. Contact us to learn more.
In a delayed exchange, you need a qualified intermediary (middleman) who holds the cash after you "sell" your property and uses it to "buy" the replacement property for you. This three-party exchange is treated as a swap. Contact us to learn more.
The 1031 provision is for investment and business property, although the rules can apply to a former primary residence under certain conditions. There are also ways you can use 1031 for swapping vacation homescontact us to learn more.
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