INCOME PROPERTIES - 1031 TAX FREE EXCHANGE

With the potential for substantial tax savings in every transaction, tax-deferred exchanges have become a necessary procedure for owners of business and investment property.

What is a tax deferred exchange?

A tax deferred exchange is simply a method by which a property owner trades one property for another without having to pay any federal income taxes on the transation. In an ordinary sale transaction, the property owner is taxed on any gain realized by the sale of the property. But in an exchange, the tax on the transaction is deferred until some time in the future, usually when the newly acquired property is sold.

These exchanges are sometimes called tax free exchanges, because the exchange transaction itself is not taxed.

INCOME PROPERTY OFFERED BY LOGGINS REALTY INC.

203 MONROE AVE., CAPE CANAVERAL, FL. 32920 $449,900.

REDUCE OVER $100,000. INVESTMENT OPPORTUNITY TO HAVE FOUR INCOME PRODUCING UNITS 3 BLOCKS FROM THE BEACH. 2-UNITS ARE 2BEDROOM/1 BATH AND 2-UNITS ARE 2BEDROOM/1.5 BATH. EACH UNIT HAS ITS OWN 2 CAR GARAGE AND PLENTY OF OPEN PARKING. PLUS PROPERTY SIT ON A BEAUTIFUL 0.29 ACRE CORNER LOT. CALL LISTING AGENT DAN HOWELL AT 321-302-0051.

212 MONROE AVE., CAPE CANAVERAL, FL. 32920 $299,900.

REDUCED $100,000. INVEST IN THIS TOTALLY RENOVATED DUPLEX. BUILT IN 1986 THIS BEAUTIFUL BEACHSIDE PROPERTY HAS 2 BEDROOM/1.5 BATH ON EACH SIDE. TENANTS ARE IN PLACE. CALL LISTING AGENT DAN HOWELL AT 321-302-0051.

285 MONROE AVE., CAPE CANAVERAL, FL. 32920 $449,900.

REDUCED OVER $100,000. INVESTORS BUY THIS BEACHSIDE PROPERTY WHILE IT IS STILL AFFORABLE. THIS PROPERTY HAS 4 UNITS TOTAL. EACH UNIT HAS IT OWN GARAGE AND OPEN PARKING. THE PROPERTY IS ON A BEAUTIFUL 0.29 ACRE CORNER LOT. CALL LISTING AGENT DAN HOWELL AT 321-302-0051.

7604 ORANGE AVE., CAPE CANAVERAL, FL. 32920 $349,900.

REDUCED $150,000. OPPORTUNITY TO OWN INCOME PRODUCING PROPERTY ONLY 2-1/2 BLOCKS FROM THE BEACH. THIS PROPERTY HAS FOUR 1BEDROOM/1BA

UNITS. ALL UNITS HAVE BEEN RENOVATED AND ALL ARE TENANT OCCUPPIED. CALL LISTING AGENT DAN HOWELL AT 321-302-0051.

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