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h2 tags | THE PARTNER YOU NEED TO FACILITATE YOUR 1031 EXCHANGES What is a 1031 Exchange? A 1031 Exchange is a tool to defer capital gains tax. Section 1031 of the IRS Code provides for deferring the capital gains tax that may arise from the sale of an investment property. A seller may defer those capital gains taxes by depositing sales proceeds with a Qualified Intermediary for tax-deferred use upon purchasing a like-kind replacement property. Why set up your 1031 Exchange Account with UTB 1031? UTB 1031 provides you the opportunity to earn interest* on your deposited sales proceeds over the course of the exchange period. It is important to choose an institution with the knowledge to guide you through the timelines and processes that are required to receive the benefits of an exchange. UTB 1031 is a Qualified Intermediary under Section 1031 of the IRS Code relating to tax-deferred exchanges. HOME OF THE INTEREST BEARING 1031 EXCHANGE ACCOUNT EXAMPLE 1031 TIMELINE CONTACT US UTB 1031 DeLinda J. Tobar, SVP 13101 Preston Road, Suite 302 Dallas, TX 75240 Email: [email protected] Tel: 469-828-4276 BACK TO TOP © UTB 1031 Created by www.verticalguru.com |
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