A 1031 exchange, also known as a like-kind exchange, is a tax strategy used by real estate owners and investors to defer taxes on property dispositions or sales. It allows an exchange of real property used in a trade or business, or held as an investment, for other real property used in a trade or business or held for investment. Like-kind refers to nature or character, not grade or quality; it is not necessary to re-invest in the same asset class. If you are considering a 1031 exchange or ready to move forward with one, it’s important to partner with a qualified intermediary (QI).
Banker Exchange provides full-service, tax-deferred exchange services under Section 1031 of the Internal Revenue Code. We are a team of friendly, knowledgeable professionals on hand to teach investors all aspects of 1031 exchanges. With over 30 years of experience as a qualified intermediary, we have the expertise to handle even the most complex exchanges for our clients.
To learn more, get in touch with us today. Our team can answer any questions you have about 1031 Exchanges.
Banker Exchange777 Lowndes Hill Road, Building 3 - Suite 110Greenville, SC 29607
Caroline Chandler
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