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Featured Condos 
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Featured Property
North Myrtle Beach - Crescent Beach
Blue Water Keyes - Crescent Beach
2001 S Ocean Boulevard
North Myrtle Beach, SC 29582
$445,000
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1031 Exchange
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What are the advantages of a 1031 Tax Exchange?There are numerous advantages with a 1031 exchange, not the least of which are the immediate tax savings and capital gains tax reductions. Other advantages include an increase in your net worth, increased earnings/income, the ability to eliminate the pitfalls of property management, preservation of your equity, a boost in your property/real estate portfolio, the opportunity to consolidate multiple properties, diversification, the ability to trade-up, the elimination of taxes via estate planning advantages and the ability to exchange multiple times.
Who should consider a 1031 Exchange?Anyone who is considering selling a business or investment property should consider a 1031 exchange. An SC 1031 Exchange offers an investor the opportunity to reinvest capital gains that would normally be handed over to the IRS. It allows them to put that money back to work for themselves. Essentially 1031 Exchanges should be thought of as an interest-free loan from the IRS, one in which the principal may be increased through subsequent exchanges and might never require repayment if properly planned and all because section 1031 of the IRS code offers investors a valuable way to protect their real estate assets. A successful 1031 Exchange allows an investor to reinvest 100% of the equity from the sale of their property into the purchase of a chosen replacement property without recognizing any gain. For the smart investor, it's a way to save money, make money and create assets from liabilities.
Let a 1031 Exchange in SC Work For You. Let us show you how.CONTACT US and we will have a representative respond to answer questions about specific SC 1031 Exchanges, or for more information.
You may also call David O'Connell at (843) 455-5500 for immediate service. Let him help you to understand how a 1031 Tax Exchange can save you money and defer Capital Gains taxes!
Myrtle Beach Real Estate
The Myrtle Beach Condo Store
A Division of CondoLux, Inc.
311 17th Ave South
North Myrtle Beach, SC 29582
(800) 624-6418
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