Jason Daugherty
Commercial Real Estate
PHONE:  931-920-6792
2503 Wilma Rudolph Blvd, Clarksville , TN 37040
1031 Exchanges are a valuable tool used by many Sellers to defer taxes on a sale.

Typically, capital gains taxes are due upon the sale of a real estate asset. An IRS code known as the 1031 exists that allows Sellers to sell a property, purchase a replacement property within some specific parameters, and defer the taxes. Many sellers have used the 1031 to trade up to a higher priced property without incuring a tax burden on the gain on the original property. Other property owners have used the 1031 as a means to sell an asset that produces minimal income, like land, and use the proceeds to purchase a property that produces significant income, like an office building.

Contact me today and let's discuss how a 1031 Exchange might be right for you.

Jason Daugherty
Berkshire Hathaway HomeServices PenFed Realty
Ph: 931-920-6792
2503 Wilma Rudolph Blvd
Clarksville , TN 37040 US
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Berkshire Hathaway HomeServices PenFed Realty, 2503 Wilma Rudolph Blvd. Clarksville, TN 37040. 931.503.8000. Robert S. Powers, Principal Broker, TN License #224891, KY License # 31475. Jason Daugherty, Affiliate Broker, TN License # 280619, KY License #59048. ©2014 BHH Affiliates, LLC. An independently owned and operated franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of HomeServices of America, Inc.® Equal Housing Opportunity.
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