Internal Revenue Code §1031 allows deferred taxes on qualifying like-kind exchanges. A tax-deferred Section 1031 Exchange is one of the most powerful tax-saving strategies available for businesses and investors. Normally, when you sell real property and a gain is made on the sale, the gain is taxable at the time of sale. However, if you are planning to reinvest in similar property, you can reap the benefits of deferring taxes if you exchange real properties instead. Mission 1031 Exchange, LLC, a wholly-owned subsidiary of Mission Bancorp, was formed to facilitate Section 1031 property exchange transactions for our customers and the community at large. Regardless of where your property is located, we can facilitate your exchange because we are a nationwide qualified intermediary.
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Mission Bank 1031 Exchange, LLC is not employed by or affiliated with the Colorado Land Conservation Assistance Network, and the Network does not certify or guarantee their services. The reader must perform their own due diligence and use their own judgment in the selection of any professional.
Contact Mission Bank 1031 Exchange, LLC
1301 17th Street
Bakersfield, CA 93301
Cell Phone: (661) 321-4820
Toll Free: (888) 305-0550
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