RESORT
PROPERTY LINK
is your link to
The Exchange of your Vacation Property with Property Owned by
Another.
There are 2 types of exchanges that we
can assist you with :
1. Vacation Exchange : The
exchange of time in your vacation home, condominium, timeshare
week or fractional ownership into a comparable resort area accommodation
owned by another in a resort area you wish to experience.
2. A 1031 Tax Deferred Exchange
: Section 1031 of the Internal Revenue
Code allows an owner to exchange one property for another and
defer payment of state and federal capital gains taxes, as long
as both properties are of "like-kind." The properties
must either be held for productive use in a trade or business,
or held for investment. As long as the requirements of a valid
1031 exchange are met, capital gain recognition will be deferred
until the taxpayer chooses to recognize it. Therefore, the sale
of your income producing vacation property followed by the purchase
of another income producing vacation property, preferably of
equal or greater value, is a great method of increasing your
equity through the years while enjoying wonderful vacations.
For
more information for Resort Property Link please fill
out our form to contact you about our Vacation Exchange or 1031
Tax Deferred Exchange.
For
More Information Phone:
1.866.588.2300 :Les@GoResort.com