Pasadena Advisory Firm Launches Free 1031 Exchange Guide for Real Estate Owners

TelAve News/10907275
PASADENA, Calif. - TelAve -- Qubera Wealth Management, Inc., a fee-only registered investment adviser based in Pasadena, California, today announced the launch of 1031ExchangePlan.com, a free educational website for owners of long-held rental property who are deciding what to do when they eventually sell. The site explains the rules for a Section 1031 exchange, walks through alternatives such as a Delaware statutory trust (DST) or a Section 721 UPREIT exchange, and offers a free calculator that estimates the federal and state tax due on a sale if no exchange is used.

The site was built around a problem the firm's founder says he sees often. "Most people who call us think they have two choices: sell and pay a large tax bill, or do a 1031 exchange," said Nirav Desai, founder of Qubera Wealth Management. "In reality there are closer to six options, and a 1031 exchange is not always the best one. The site walks through all of them, including cases where it makes more sense to just sell and pay the tax."

More on TelAve News
1031ExchangePlan.com includes state-specific guides for California, Washington, Oregon, New York, and New Jersey, since state tax treatment of a sale or exchange varies widely and is often misunderstood. The Washington guide, for example, addresses a common point of confusion: real estate sales in Washington are exempt from the state's capital gains excise tax under state law, though other state and local transfer taxes can still apply. The site also includes a 38-question FAQ, a downloadable pre-exchange checklist, and plain-language explanations of the qualified intermediary rules, the 45-day and 180-day deadlines, and how a 1031 exchange interacts with inherited property.

Qubera Wealth Management is a fee-only fiduciary adviser and does not accept commissions from the sponsors of any investment mentioned on the site. When a client's advisory relationship with the firm continues after a 1031 exchange, for example through an investment in a DST, the firm's standard asset-based advisory fee applies to those assets.

This release is for general information only. It is not personalized investment, tax, or legal advice.

Learn more at http://1031exchangeplan.com/

Contact
Qubera Wealth Management, Inc.
Nirav Desai, Founder
***@quberawealth.com


Source: Qubera Wealth Management

Show All News | Disclaimer | Report Violation

0 Comments

Latest on TelAve News