Tax-Deferred Real-Estate


1031 Exchange Services

 can help you navigate the fine points of these 1031 exchanges and handle all the administrative details on your behalf.

IRC 1031 permits a taxpayer the ability to exchange qualified real property (relinquished property) for qualified, like-kind real property.  To qualify for 1031 treatment, property must be held for investment, income production or business use.  Property held for personal use does not qualify for 1031 treatment, property must be held for investment, income production or business use.  To create the exchange of assets and to obtain the benefit of the “Safe Harbor” protections of the tax code to prevent actual or constructive receipt of the exchange proceeds, which would disqualify the deferred tax treatment; prudent exchangers use the services of a “Qualified Intermediary.”  CF Exchange Services, L.L.C. (a subsidiary of Savings Bank), as the Qualified Intermediary, becomes a fourth party principal in delayed exchanges.  

 

Call 810-966-8710 to speak with someone regarding our 1031 Exchange Services.