Oil And Gas
If you invest in oil and gas, and you're thinking about conducting a 1031 exchange, it's important to work with a company that understands the letter of the law. Oil, gas, and minerals involve development or drilling costs that can complicate the exchange process. If you sell a working interest in one of these natural resources in order to buy an apartment complex or a share of an apartment complex, you may need to recapture the intangible cost of drilling and development. At TM 1031 Exchange we specialize in working with clients to develop a set of realistic expectations for asset management. We know the ultimate goal is to protect your investment. Many of our customers come to us looking for a reliable resource for additional monthly income as well. If you currently have oil or gas investments, and you're looking to diversify or exchange assets, we can help. Call us today at 1-877-4TM-1031 for additional information. Many of our customers seek energy replacement properties for their 1031 exchanges. If you own an oil or gas royalty property, we may be able to help you find a like-kind real property to exchange. Exchanging like-kind properties is an excellent option for investors looking to divert capital gains taxes from the sale of real properties. At TM 1031 Exchange we work with a network of brokers, developers, and owners to find you replacement properties fast. We know the IRS laws inside and out, and we work with you to find properties that comply with deadlines and other specific requirements. As always, it's a good idea to consult with your financial planner before making any major decisions about exchanging properties.
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