Video Transcript
I will be speaking about 1031 Exchanges involving the sale of property located in the state of Virginia.
Virginia follows Section 1031, which is a federal tax code. This means you can complete an exchange by selling a property in Virginia and buying investment property anywhere in the United States. This will defer up to one hundred percent of the capital gains, state and federal.
Understanding the Virginia 1031 Exchange Process
If you have any questions about the Virginia exchange process or any other 1031 Exchange topics, please visit our Virginia IPX 1031 web page at www.ipx1031.com/virginia. We’re happy to help.
Click to visit Virginia 1031 Exchange page