1031 Real Estate Exchange Properties In Sarasota
 Manatee and Charlotte County, FL
 

 Sold you property up north and now looking for a looking for a great
Sarasota property for a 1031 exchange property?
 

 

There are many hoops to jump through to correctly pull of a 1031 exchange. These test must be met to guarantee that tax liability is not created at sale of the first property. The 1st property must be used for investment or business and can't be a home residence. The property being purchased with the proceeds has to be a "like-kind" to the old property. The proceeds from the sale must be used within 180 days of the sale. The newly purchased property must be identified within 45 days of the sale. You cannot touch or be in "constructive receipt" of any or the proceeds from the prior sale.

 
   Tax Free Exchange IRS 1031 Info  
 


 


$500,000 - $999,000




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 $1,000,000 - $1,500,000



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 $1,500,000 Plus



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Call Bill Garrison for more information

941.400.2307