Section 1031 of the Internal Revenue Code permits investors to dispose of an existing property and acquire another “like-kind” investment and defer income on the transaction.
Comerica will work with you to provide a structure to achieve a qualified deferral, strategic reinvestment into the replacement property, and a competitive return on the tax deferred proceeds1.
Our team of exchange specialists is dedicated to supporting you and your business. We have the resources to handle any size transaction from the individual investor up to publicly traded companies.