{"id":171197,"date":"2019-10-02T13:57:06","date_gmt":"2019-10-02T13:57:06","guid":{"rendered":"http:\/\/www.georgianewsdesk.com\/news\/story\/171197\/montana-1031-exchange-firm-1031-property-exchange-marks-seventh-anniversary.html"},"modified":"2019-10-02T13:57:06","modified_gmt":"2019-10-02T13:57:06","slug":"montana-1031-exchange-firm-1031-property-exchange-marks-seventh-anniversary","status":"publish","type":"post","link":"http:\/\/www.honolulunewsnow.com\/news\/story\/171197\/montana-1031-exchange-firm-1031-property-exchange-marks-seventh-anniversary.html","title":{"rendered":"Montana 1031 Exchange Firm 1031 Property Exchange Marks Seventh Anniversary"},"content":{"rendered":"<div style=\"float:right;width:250px;padding:8px 10px 10px 10px\"><a rel=\"nofollow\" href=\"http:\/\/www.getnews.info\/wp-content\/uploads\/2019\/10\/1569946584.png\" style=\"border:none !important\" target=\"_blank\"><img loading=\"lazy\" class=\"alignnone size-medium wp-image-29\" title=\"Montana 1031 Exchange Firm 1031 Property Exchange Marks Seventh Anniversary\" src=\"http:\/\/www.getnews.info\/wp-content\/uploads\/2019\/10\/1569946584.png\" alt=\"Montana 1031 Exchange Firm 1031 Property Exchange Marks Seventh Anniversary\" width=\"225\" height=\"37\" \/><\/a><\/div>\n<p style=\"text-align: justify\" dir=\"ltr\"><em>Montana 1031 exchange company 1031 Property Exchange in Bozeman is marking it&rsquo;s seventh anniversary in September of 2019.<\/em><\/p>\n<p style=\"text-align: justify\" dir=\"ltr\"><span>&ldquo;Our company has been serving the needs of Montana 1031 exchange clients for seven years under this name from our offices in Bozeman&rdquo;, says Rusty Squire, the President of 1031 Property Exchange. He adds, &ldquo;During the decade between 2000 and 2008 we also served the area with a company known as Big Sky Property Exchange which was later sold to Nevada Security Bank&rdquo;.<\/span><\/p>\n<p style=\"text-align: justify\" dir=\"ltr\"><span>&ldquo;Our <\/span><a rel=\"nofollow\" href=\"https:\/\/bozemanmontana1031exchange.com\/\"><span>Montana 1031 exchange<\/span><\/a><span> company performs exchanges all over the United States&rdquo;, says Squire. He adds, &ldquo;We have completed exchange transactions in 48 of the 50 States and have also completed an exchange in the U.S. principality of Puerto Rico&rdquo;.<\/span><\/p>\n<p style=\"text-align: justify\" dir=\"ltr\"><span>&ldquo;Unlike some Montana 1031 exchange companies we are actually Montana-based and domiciled&rdquo;, says Squire. He adds, &ldquo;What a lot of real estate professionals don&rsquo;t realize is that when they use these firms, they are sending the money out-of-state and it doesn&rsquo;t benefit Montana&rsquo;s economy&rdquo;.<\/span><\/p>\n<p style=\"text-align: justify\" dir=\"ltr\"><span>&ldquo;We are the only <\/span><a rel=\"nofollow\" href=\"https:\/\/bozemanmontana1031exchange.com\/\"><span>Bozeman 1031 exchange<\/span><\/a><span> firm and have been for nearly 20 years&rdquo;, says Squire. He adds, &ldquo;We have offices right off North 19th Street in Bozeman making it convenient for local real estate investors to stop by and see us&rdquo;.<\/span><\/p>\n<p style=\"text-align: justify\" dir=\"ltr\"><span>&ldquo;Most property investors need education and guidance to get through the myriad of exchange regulations put forth by the IRS in the IRC 1031&rdquo;, says Squire. He adds, &ldquo;We strictly give exchange advice to make sure that the transaction stays within the guidelines of the IRS rules&rdquo;.<\/span><\/p>\n<p style=\"text-align: justify\" dir=\"ltr\"><span>&ldquo;A lot of property investors will assume that their Realtor, accountant or attorneys know all of the 1031 regulations but they often do not&rdquo;, says Squire. He adds, &ldquo;This is why you need a Qualified Intermediary to help perform your exchange and educate you to the process&rdquo;.<\/span><\/p>\n<p style=\"text-align: justify\" dir=\"ltr\"><span>&ldquo;Our company has created and delivered four hour continuing education courses for Realtors for years in both Wyoming and Montana&rdquo;, says Squire. He adds, &ldquo;Teaching forces you to have to know your material even better than the average practitioner, which is why we chose to teach and that has been a very good decision&rdquo;.<\/span><\/p>\n<p style=\"text-align: justify\" dir=\"ltr\"><strong>THE LEVELS OF TAXATION ON INVESTMENT REAL ESTATE<\/strong><\/p>\n<p style=\"text-align: justify\" dir=\"ltr\"><span>&ldquo;A lot of people are not aware that there are four very distinct levels of taxation on investment real estate&rdquo;, says Squire. He adds, &ldquo;Federal capital gains are 15% to 20%, then each State has its own capital gains, the Affordable Care Act tax is 3.8% and then you have depreciation recapture which amount to 25% of all depreciation taken over the life of the owner&rdquo;.<\/span><\/p>\n<p style=\"text-align: justify\" dir=\"ltr\"><span>&ldquo;One caveat however with the Affordable Care Act tax&rdquo;, says Squire. He adds, &ldquo;Unless you&rsquo;re a couple with an adjusted gross income over $250,000 or a single individual with an AGI of over $200,000 then you won&rsquo;t have to pay it and this exempts about 95% of all taxpayers.&rdquo;<\/span><\/p>\n<p style=\"text-align: justify\" dir=\"ltr\"><span>&ldquo;In a lot of cases you can be looking at taxes of upwards of 25% on each dollar of gain and in high tax States like California it is closer to 40%&rdquo;, says Squire. He adds, &ldquo;I cringe when I hear accountants that advise their clients to just pay the tax when they&rsquo;ve held a property for decades, it makes no sense when it comes to wealth building.&rdquo;<\/span><\/p>\n<p style=\"text-align: justify\" dir=\"ltr\"><span>If you would like further information or advice regarding your investment property then simply contact 1031 exchange at 406-425-2742.<\/span><\/p>\n<p style=\"text-align: justify\" dir=\"ltr\"><span><\/span><\/p>\n<p class=\"caps\"><span style='font-size:18px !important'>Media Contact<\/span><br \/><strong>Company Name:<\/strong> 1031 Property Exchange<br \/><strong>Contact Person:<\/strong> Russ Squire<br \/><strong>Email:<\/strong> <a rel=\"nofollow\" href='http:\/\/www.universalpressrelease.com\/?pr=montana-1031-exchange-firm-1031-property-exchange-marks-seventh-anniversary'>Send Email<\/a><br \/><strong>Phone:<\/strong> 406-425-2742<br \/><strong>Address:<\/strong>1087 Stoneridge, Suite 2A  <br \/><strong>City:<\/strong> Bozeman<br \/><strong>State:<\/strong> Montana<br \/><strong>Country:<\/strong> United States<br \/><strong>Website:<\/strong> <a rel=\"nofollow\" href=\"https:\/\/bozemanmontana1031exchange.com\/\" target=\"_blank\">https:\/\/bozemanmontana1031exchange.com\/<\/a><\/p>\n<p><img loading=\"lazy\" src=\"http:\/\/www.getnews.info\/press_stat.php?pr=montana-1031-exchange-firm-1031-property-exchange-marks-seventh-anniversary\" alt=\"\" width=\"1px\" height=\"1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Montana 1031 exchange company 1031 Property Exchange in Bozeman is marking it&rsquo;s seventh anniversary in September of 2019. &ldquo;Our company has been serving the needs of Montana 1031 exchange clients<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/www.honolulunewsnow.com\/news\/wp-json\/wp\/v2\/posts\/171197"}],"collection":[{"href":"http:\/\/www.honolulunewsnow.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.honolulunewsnow.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.honolulunewsnow.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.honolulunewsnow.com\/news\/wp-json\/wp\/v2\/comments?post=171197"}],"version-history":[{"count":0,"href":"http:\/\/www.honolulunewsnow.com\/news\/wp-json\/wp\/v2\/posts\/171197\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.honolulunewsnow.com\/news\/wp-json\/wp\/v2\/media?parent=171197"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.honolulunewsnow.com\/news\/wp-json\/wp\/v2\/categories?post=171197"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.honolulunewsnow.com\/news\/wp-json\/wp\/v2\/tags?post=171197"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}