Page 35 - Home Buyers and Sellers Guide - Hawaii
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SEVEN GREAT REASONS TO EXCHANGE
While avoiding those steep capital gains taxes are, for most, the primary consideration for engaging in a 1031
tax deferred exchange, there are many other significant advantages to a tax deferred exchange:
1. Replace non-income producing property with income producing property;
2. Diversify property interests for estate planning purposes;
3. Replace time-consuming management properties with more easily managed properties;
4. Exchange into property that can accommodate the taxpayer’s trade or business (e.g. taxpayer who owns
apartment complex can trade into manufacturing plant);
5. Exchange fully depreciated property to obtain the benefit of a new depreciation schedule;
6. Relocation of taxpayer’s business;
7. Relocation of investment property to accomplish ease of management.
Turn to the Experts
Old Republic Exchange is a qualified intermediary that has facilitated over 100,000 exchanges. Old Republic
Exchange is part of the Old Republic Title Insurance Group, which is a wholly owned subsidiary of Old Republic
International (NYSE: ORI), a multi-billion dollar corporation, which ranks among the nation’s 50 largest publicly
held insurance organizations.
Added Security for your Exchange
• $80 million fidelity bond
• $50 million errors and omissions insurance
• Letter of Guaranty from corporate parent
To discuss whether §1031 might be beneficial to you, please call one of Old Republic Exchange’s dedicated
professionals.
Visit us at oldrepublicexchange.com for more information.
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