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American Bank & Trust

A 1031 Exchange Guide

Every chance of success.

When it comes to real estate investing, taxes are a seemingly unavoidable part of the deal. A 1031 exchange makes it possible to swap investment properties and defer capital gains tax and losses. Although the proceeds may still be subject to tax, a 1031 exchange allows you to postpone the payment, making it possible to reset depreciation, consolidate properties, and invest in better return prospects.

WHAT IS IT?

A 1031 exchange is named after Section 1031 of the US Internal Revenue Code. Under Section 1031, individuals can defer capital gains tax when selling an investment property.

WILL IT BENEFIT ME?

If you’re selling a property and you can re-invest the profits, then it most likely will create a tax benefit.

WHAT TO EXPECT

In essence, a 1031 exchange allows you to sell one property, buy another, and defer capital gains tax. A 1031 exchange makes it possible to diversify your holdings, expand your portfolio, and realign your investments with your long-term goals. A 1031 exchange is also a great way to use depreciation to your financial advantage.

Take the next step

American Bank & Trust
Get in touch by scheduling an appointment or giving us a call.

Phone - (563) 344-5662

Book Appointment

American Bank & Trust
We’ll discuss your needs in detail to manage your 1031 exchange.

American Bank & Trust
Choose the best plan for wealth management today, tomorrow, and beyond.

QUALIFIED PARTNERS

1031 exchange:
the first steps.

As with any tax-beneficial scheme, a 1031 exchange is subject to strict regulations and procedures.

A 1031 exchange must be like-kind and the sale proceeds must be held by a Qualified Intermediary (QI) until a replacement property is bought.

With no room for error during the 1031 exchange process, we’ll act as your QI to help you to save time and money. Working to reduce costs and minimize risks associated with improperly handled funds, we’ll invest your exchange funds, crediting any interest directly to your account.

American Bank & Trust

INTERMEDIARY

Seeking and assigning a Qualified Intermediary (QI) is a core component of your 1031exchange. We’ll use our expertise to handle the entire process from buying to selling.

GUIDANCE

There are five types of 1031exchange, each with different benefits. We’ll identify the most appropriate exchange for your needs to develop a safe and efficient strategy that maximizes your return.

COMPLIANT

As an impartial intermediary, we’ll work with your tax and legal advisors to handle your transaction safely and in accordance with the various regulations to support your portfolio growth and increased ROI.

American Bank & Trust

A 1031 exchange is subject to the strict guidelines outlined in Section 1031 of the Internal Revenue Code. Any mistakes can be very costly and time-consuming to fix.

As your dedicated QI, you’ll take advantage of our extensive experience and reputation. From choosing the right 1031 exchange to handling your proceeds, we provide superior customer service and excellent resources to access the best tax advantages for your real estate investments.

Complying with Section 1031 to the letter, you can rely on us to operate as your long-term financial partner.