Manhattan Lofts Inc. is pleased to offer guidance and assistance to investors with 1031 eligible properties. We have 1031 specialists on our premises that can assist you and provide you with Qualified Intermediaries, Tax Specialists and Attorneys.
In light of the growing demand for information regarding 1031 tax deferred exchanges, Manhattan Loft, Inc.recruited a team of people who specialize in this area to work exclusively with investors who wish to investigate and take advantage of the benefits of 1031 exchanges.
Our 1031 specialty department will assist investors in locating what is referred to as, suitable, like kind property and will offer a referral network of professionals integral to a successful1031 exchange. These professionals include qualified intermediaries, tax specialists and attorneys. Manhattan Lofts, Inc. stands ready, willing, and able to offer their expertise to both the seasoned investor, as well as, the novice looking to reap the benefits of real estate investments exercising the benefits of the 1041 tax deferred exchange.
1031 exchanges provide investors with one of the best tax strategies for preserving the value of an investment portfolio. By using an exchange the investor is able to defer the recognition of capital gain taxes that would otherwise be incurred on the sale of the investment property. The investor can then use the entire amount of the equity to purchase substantially more replacement property.
Contact us at 212-847-8400 to find out more about 1031 Tax Deferred Exchanges and why investors who own property held for business and/or investment are maximizing their buying power through the appreciation in values of these properties by deferring the taxable liabilities of their Capital Gains.