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Equity Exchange LLC – Helping You Get 1031 Tax Deferred Exchanges

Helping You Get 1031 Tax Deferred Exchanges

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Equity Exchange LLC – Helping You Get 1031 Tax Deferred Exchanges | equityexchangellc.com Reviews

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Helping You Get 1031 Tax Deferred Exchanges

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Case Study – Equity Exchange LLC

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Local Phone and Fax: (616) 942-6017 National Phone and Fax: (800) 775-1031. EXAMPLE : SALE VS. EXCHANGE OF RENTAL. FIRST, FIND YOUR ADJUSTED BASIS. SECOND, SUBTRACT YOUR ADJUSTED BASIS TO FIGURE YOUR CAPITAL GAINS TAX. Equals Amount Subject to Capital Gains Tax. 20% Capital Gains Tax on Appreciated Property: $10,000 x 20% = $2,000. 25% Capital Gains Tax on Depreciated Property: $30,000 x 25% = $7,500. TOTAL CAPITAL GAINS TAX OWED: $9,500. NEXT, COMPARE A SALE VS. AN EXCHANGE OF YOUR RENTAL.

2

Services – Equity Exchange LLC

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Local Phone and Fax: (616) 942-6017 National Phone and Fax: (800) 775-1031. The Intermediary instructs the title company or attorney’s office in completing the paperwork to achieve an exchange rather than a sale. The Intermediary is available to answer questions from all interested parties throughout the entire exchange process. How do I choose an Intermediary?

3

Forms – Equity Exchange LLC

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Local Phone and Fax: (616) 942-6017 National Phone and Fax: (800) 775-1031. Since 1994 EQUITY EXCHANGE LLC has acted exclusively as a Qualified Intermediary handling 1031 exchanges across the United States. We make exchanges safe, quick, and defensible in the eyes of the IRS.

4

Info – Equity Exchange LLC

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Local Phone and Fax: (616) 942-6017 National Phone and Fax: (800) 775-1031. Steps to a Delayed Exchange. Exchanger (that’s you) enters into a contract to sell your Relinquished Property to a willing buyer. Exchanger enters into an Exchange Agreement with a Qualified Intermediary. At closing, Exchanger assigns his/her position as seller of the Relinquished Property to the Intermediary. EXCHANGE PERIOD: You must receive your Replacement Property within the Exchange Period. The Exchange Period runs for ...

5

FAQ – Equity Exchange LLC

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Local Phone and Fax: (616) 942-6017 National Phone and Fax: (800) 775-1031. Who cannot act as my Qualified Intermediary? Internal Revenue Treasury Regulations issued June of 1991 specified in Reg. 1.1031(k)-1(g)(4)(iii) that a disqualified person could not function as a Qualified Intermediary and defined a disqualified person as:. Any person who is related to the taxpayer including any family members;. What is like-kind property? Forty Acres of Unimproved Agricultural land. Chain Hotel or Family Run Motel.

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Equity Exchange LLC – Helping You Get 1031 Tax Deferred Exchanges

Local Phone and Fax: (616) 942-6017 National Phone and Fax: (800) 775-1031. At EQUITY EXCHANGE LLC, we act exclusively as a Qualified Intermediary, handling exchanges across the United States. If you are unfamiliar with 1031 exchanges or the use of a an Intermediary in making exchanges safe, quick, and most importantly, defensible in the eyes of the IRS, this web site should help explain the process.

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