1031 Deferred Tax Exchange
The owner of Priority Title, Inc, Michael H Merino Esq. is a seasoned veteran of real estate transactions and has extensive experience in assisting clients with 1031 tax-deferred exchanges. a 1031 tax-deferred exchange allows individuals and/or corporate entities and other entities to defer to the payment of capital gains tax through the acquisition of a replacement property. Mr. Merino has handled a wide variety of 1031 tax deferred exchange is over the years for clients. 1031 tax deferred exchanges should be handled by an experienced professional to ensure a smooth transaction. It is important to engage the assistance of an experienced title company and legal counsel to ensure that all of the very strict time frames required under a 1031 tax deferred exchange are met and that all requirements under the law or complied with in a timely manner.