§1031 Tax-Free Exchanges

If you are a business owner or prospective real estate investor in New York City, you should investigate the advantages of pre-tax planning and IRS 1031 tax-free exchanges.

Manhattan Attorney Olga Berdé Mahl has more than 40 years of experience handling pre-tax planning matters, shielding them from tax consequences. She has the skills and legal resources to protect appreciated assets and maximize profits from generational real estate assets transfers tax-free. If a real estate transaction or business ownership issue looms in your foreseeable future, she can work with you to identify the best financial and tax planning strategies.

New York Lawyer Olga Berdé Mahl is available to provide you with a clear explanation of your options for pre-tax planning and 1030 tax-free exchanges. To discuss your situation with Olga Berdé Mahl, contact her law firm online or call 914-336-2080.

Offering Sound Tax-Planning Services In New York And Nationwide

A 1031 tax-free exchange allows taxpayers to defer capital gains on profits from investment or commercial properties, if the funds are used to purchase "like-kind" investment property.

Olga Berdé Mahl & Associates represents real estate business investors, art collectors and others throughout this process to ensure critical timelines and other restrictions are followed. She is committed to protecting her clients' financial interests, while keeping them fully informed on potential refinance options and limitations of 1031 tax-free exchanges.

IRS 1031 tax-free exchanges are quite complex. Pre-sales tax planning attorney Olga Berdé Mahl is available to help investors navigate through the legal process and will identify the requirements for using 1031 tax-free exchanges such as:

  • Property you relinquish must be a qualifying property — business property or assets held for investment purposes
  • A replacement property title must be entered in the same name(s) titled for the relinquished property
  • Replacement property must be of "like kind"
  • 45-day rule for identification of, or closing on, replacement property
  • 180-day rule for receipt of replacement property

A 1031 exchange constitutes a tax deferral — not an avoidance of taxation. Lawyer Olga Berdé Mahl will work with you to make sure you fully understand this taxation strategy, so you can make informed decisions safeguarding your financial interests.

Contact A Skilled New York, Bronx, Queens, Manhattan, Westchester, Brooklyn Real Estate Attorney

New York City Lawyer Olga Berdé Mahl has extensive experience in taxation, real estate and corporate and business law. She has a firm understanding of the underlining issues involved in complex areas of the law. When you select her law firm, you can be confident knowing she will take every opportunity possible to help you address any potential ramifications upfront in an effort to secure your financial interests.

Contact Attorney Olga Berdé Mahl online or call 914-336-2080 for a consultation. She is committed to representing clients in the New York City boroughs of Brooklyn, Bronx, Queens, Staten Island and Manhattan. She also has extensive experience handling cases in New Jersey and Connecticut, nationally and internationally.