Do you want to see what listing agents won’t show you? Then a buyer’s agent is what you need. You want the best in every aspect of your life and we’ll help you find it right here, in one of Arizona's prestigious residential communities. Our exclusive AZ buyer’s agents have access to the full range of property information and are committed to protecting your interests as a buyer in the search for your next homeowner investment.
Like-Kind (1031) Exchanges
The Internal Revenue Code (IRC) Section 1031 allows like-kind exchanges for investors to defer taxes when exchanging one piece of property for another. This is not a tax “loophole,” but is a deferral. The owner pays tax on the property when it is ultimately sold. These 1031 exchanges are only allowed for investment or business property, but in some cases can be used for properties such as vacation rental homes.
Timing is very important, as a “replacement property” must be designated within 45 days from the sale of your property. In addition, you must close escrow on the new property within six months (180 days) of designating it.
Here at Exclusive Arizona Buyers Agents, we are experienced at handling your 1031 Like Kind transactions. We can help you identify your replacement properties and then successfully close escrow within the required timeframes.