Like-kind Exchange Analysis

As set forth by Section 1031 of the Internal Revenue Code, a like-kind exchange is a tax-free transaction that allows two companies to exchange discrete tangible assets of similar nature. In real estate, this means investment property. If you have plans to sell a piece of property, followed by the purchase of another similar piece of property, you are eligible for this tax-free exchange.

A like-kind exchange can be a win-win situation, if handled properly. BPM’s experience and expertise make us a reliable source for these transactions. Our approach is comprehensive and timely, ensuring that you receive maximum tax savings that can be put to good use in other investments.