At CENTURY 21 Judge Fite Company, we have assisted many real estate investors with the tax savings provided through a 1031 or Starker Exchange. Under Internal Revenue Code (IRC) Section 1031, a real property owner can sell certain property and then reinvest the proceeds in ownership of like-kind property and defer recognition of any capital gains. In order to qualify as a like-kind exchange, property exchanges must be performed by a “qualified intermediary” and in accordance with the strict rules set forth in the tax code and in the treasury regulations.

Contact us today and let us assist you in locating a qualified intermediary to take advantage of this asset preservation opportunity.