~References from past clients, escrow officers, and realtors are available upon request.
Above & Below 1031
Defer paying capital gains tax to maximize your Above ground real estate and Below ground oil, gas, and mineral rights investment returns.
Above & Below 1031 facilitates these steps for a successful 1031 tax-deferred exchange:
Coordinates with the taxpayer to provide the necessary documents to ensure that the 1031 exchange is carried out in accordance with all Rules and Regulations.
Assists in the sale of the relinquished property to the buyer, as well as purchasing the replacement property from the Seller.
Holds and protects exchange funds, on behalf of the taxpayer, in a segregated escrow account to avoid receipt of sales proceeds that would otherwise be subject to Capital Gains Tax.
Provides information and guidance to the taxpayer, and their other advisors, as needed and ensures the adherence to the strict timelines required for a successful 1031 tax-deferred exchange.