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Just trying to get a head count here before I go ahead and set a date, so do let me know at purvabrown@msn.com right away.
If you’re buying your first property with an eye toward investing in the future or are actively investing into rentals, this seminar can save you thousands of dollars in tax payments when you sell. Yes, yes, it’s perfectly legal. Section 1031 in the Internal Revenue Code allows you to defer all of your capital gain taxes to the IRS (15%) and the Franchise Tax Board of California (9.3%) if you buy another property of equal or greater value.
But you must know what you’re doing. And you must use a qualified intermediary.
So attend the seminar and empower yourself.
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Free 1031 Seminar Coming in Sacramento 12August2007
[…] seminar and a little bit about why it’s important for investors and landlords to know about a 1031 exchange but it seems like we’ve all been hit with the lazy bug lately and have received no responses […]