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Surety 1031 Exchange, Inc.
was established to act as a qualified intermediary in transactions
where a property owner desires to engage in a tax deferred
exchange of real property.
A deferred exchange is
simply a method for a property owner to defer a gain on the
transfer of property. Section 1031 of the Internal Revenue Code
authorizes the use of deferred exchanges. The requirements of the
Internal Revenue Code must be met in order for the owner to
successfully defer tax on the transfer.
How can Surety 1031
Exchange, Inc. help?
Surety 1031 Exchange,
Inc.’s staff of attorneys works with a client’s legal and tax
advisors to help develop successful exchange strategies. It also
provides the necessary exchange documents that the client can use
to successfully structure their deferred exchange.
Surety 1031 Exchange, Inc.
works with the escrow or closing agent selected by the parties for
both the relinquishing of the property being disposed of and the
acquisition of the replacement property.
While Surety 1031
Exchange, Inc. will help develop the exchange strategy and
documents, it encourages all of its clients to confer with their
own legal and tax advisors to insure that they will receive the
maximum benefits of a deferred exchange.
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