When you sell a business, farmland or investment property you may have an overall gain, you generally have to pay tax on the gain at the time of sale. IRC Section 1031 provides an exception and allows you to postpone paying tax on the gain, if you reinvest the proceeds in similar property as part of a qualifying “like-kind” exchange. Capital gains in a 1031 Like-Kind Exchange are tax-deferred.
Welcome to DJF Exchange, Inc. where we specialize in IRC 1031"Like-Kind" Exchanges in all 50 States. With DJF Exchange, Inc, we understand what it is like to be handed from person to person, never knowing who you will be talking to when you call or getting a straight answer. When you work with us, you will be working directly with an exchange officer who will guide you through the entire process. Every exchange is unique, so we work with you instead of just handing you a packet of cookie-cutter documents. Reach out to us today to talk to us about your exchange or just to ask questions. We’re here to help.
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Contact us today at 855-282-7989 to discuss if a 1031 exchange is right for you. With us, you’ll know you’re in good hands.