|
Asset Exchange Strategies Launches 1031 Rescue Strategy |
|
March 05, 2008 |
Leander, Texas – March 5 2008 –Asset Exchange Strategies has formally released its most recent offering known as the 1031 Rescue.
The 1031 Rescue Strategy will provide for guaranteed deferral of taxes in the event that a clients 1031 exchange fails. It is currently estimated that there are $150 billion in tax deferred exchanges conducted annually. It is also estimated that 15%-20% of these exchanges fail.
The 1031 Rescue is a tax compliant strategy that allows the 1031 exchange to receive capital gains deferral in the event that its 1031 fails. This is consummated through the use of Asset Exchange Strategies self directed installment sale (SDIS) in concurrence with a 1031 exchange.
The benefits of this strategy are that it allows for a full and indefinite deferral of capital gains, it enables wealth building as well as enables trading up to more desirable properties or assets. It also enables the ability to generate new depreciation when old property has reached the end of the depreciable life.
Asset Exchange Group, LLC
AEG is recognized as the leading self-directed IRA advisory firm in the nation. AEG has also positioned itself to be a market share leader for Self-Directed IRA LLC’s and will soon capture a dominant portion of the self-directed 401k market.
For more information on Asset Exchange Group, please visit their web site at http://www.myrealestateira.com or http://www.assetexchangestrategies.com or call toll free 866.683.5228.
# # # |
|
