TAX FREE EXCHANGE APPRAISAL

The U.S. Internal Revenue Code allows investors to defer capital gains taxes on the exchange of like-kind properties under Section 1031 of the code. Properties involved in a 1031 tax free exchange are often appraised in order to insure that the end purchaser receives an equitable exchange. A Tax Free Exchange Appraisal is typically a Fee Simple Market Value Appraisal of the property being acquired by the owner of the property being sold. It will be important for anyone entering into a tax free exchange, to insure that the purchase contract, be made subject to an appraisal supporting the exchange price of the property being acquired.

ELLIOTT® offers Tax Free Exchange Appraisals nationwide. Call for a no obligation consultation.