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Highlights
What is a 1031 Exchange

Internal Revenue Code Section 1031 provides that no gain or loss will be recognized on the exchange of any type of business use or investment property for any other business use or investment property. 1031 Exchanges are not really exchanges in the context of two-party barter. Instead, they are typical sales and purchases that involve the same exact ingredients as any other sale or purchase, with capital gains being deferred until the replacement property is transferred in a later taxable transaction. The only real difference is the investor is increasing his selling and buying power by electing to defer taxes under Section 1031 regulations. No other aspects of the transaction are affected.

 

About Evergreen Tax Exchange Inc.

Simple - Knowledgeable professionals provide all of the required documentation and conduct the process so that the property closings occur without unnecessary complexity.

Safe - Funds are held in an insured escrow account, earning money market interest rates for the owner.

Service - EVERGREEN is New Jersey based and readily available to discuss simple or complex transactions.


Professional Partnerships
Taxpayers who benefit by the enormous savings offered by tax-free exchanges rely on accountants, attorneys, real estate professionals, financial planners, and other professionals to advise them, Evergreen works in partnership with these professionals.

Many exchanges require several stages of involvement by these professionals, and EVERGREEN recognizes these requirements through a stipend program for services rendered. EVERGREEN is located within the Greater New York area, and it is our goal to develop trusting, long-term relationships with professionals who also practice in this region.

Contact an Evergreen representative today - 1-201-996-9801

Continental Plaza,  411 Hackensack Ave.  Lobby  Hackensack,  NJ  07601        

E-mail@evergreen.com