FROM COMMERCIAL PROPERTY TO MONTANA RANCHES
IRC 1031 EXCHANGES

Thanks to the IRC 1031, a properly structured exchange allows investors who sell property to reinvest the proceeds in a replacement property and defer capital gains taxes. Pursuant to IRC 1031, capital gains deferment requires the exchange of like-kind relinquished property for other like-kind replacement property. Any real property held for investment or real property used in trade or business can be exchanged for other real property held for investment or any real property used in a trade or business.

LIKE-KIND PROPERTY

We Lead the Way Group agents can assist Buyers and Sellers by helping them identify property that can be used in a 1031 Exchange or Reverse Exchange. Our system of due diligence will help take the risk out of identifying a property that may have problems closing, and therefore limit the number of exchange choices. We will include the necessary language and provide the forms needed at the time of  Listing and the Purchase Agreement stating the intent to perform a 1031 tax-deferred exchange. We network with exchange professionals in Montana to assist in this type of tax-wise transaction.