Navigating the Tax Benefits of 1031 Exchange with Ease
This powerful tool can help you defer capital gains taxes and unlock your investment potential with ease when partnering with a qualified intermediary. Discover the streamlined process and how expert guidance can help make your exchange hassle- free.
1. For Sale
Exchanger puts investment property on the market and informs Qualified Intermediary before close of sale
2. Funds Transferred
Funds from sale are transferred to Qualified Intermediary
3. Identify Replacement Property
Exchanger designates replacement property within 45 days of sale and notifies Qualified Intermediary
4. Acquire Replacement Property
Funds from sale are transferred to Qualified Intermediary
Looking to potentially save on taxes, maintain real estate income and preserve your estate?
Comerica is a Qualified Intermediary, and Comerica’s 1031 Exchange team prides itself on a clear, client-centric approach. Our specialists have decades of experience navigating even the most complex 1031/Escrow scenarios.
NOTE: IMPORTANT INFORMATION
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