Salt Lake City, Utah (PRWEB) July 19, 2007
The National Association of Financial and Estate Planning has officially launched its new 1031 Exchange service. The 1031 Exchange service known as the 1031x was developed to offer our members and their clients more choices and options when dealing with capital gains tax deferral strategies. The development of the 1031 exchange service is the result of numerous requests from members and clients for us to provide analysis of competing strategies as well as to act as their intermediary for a 1031 exchange.
Clients who own highly appreciated assets, such as real estate, are faced with capital gains taxes. The 1031 Exchange strategy allows clients to defer taxes on the sale of a highly appreciated asset. The 1031 is a very key technique used by property investors who want to continue building their real estate portfolio while deferring the capital gains taxes.
“The 1031x offering has a synergistic fit with our Self Directed Installment Sale (SDIS), Self directed IRA (ICO) and Self Directed 410(k) (one.K) strategies. Clients are in different phases and have different needs in relation to their real estate portfolio. The 1031 Exchange (1031x) is our latest offering which is intended to help and enable clients make the optimal choices when planning their capital gains tax strategies. NAFEP is uniquely positioned to deliver complete, end-to-end real estate tax planning and tax deferral strategies to its members and their clients. No other service provider in the market currently offers the breadth and depth of tax advantaged strategies, services and experience like NAFEP.
“Additionally, unlike many of the other 1031 exchange intermediaries in the market, NAFEP will place all client monies in Trust and held by its sister company American Estate & Trust. American Estate & Trust (AET) is a licensed and bonded Trust company registered and regulated by the state of Nevada. As such AET is subject to the same state regulation as any bank in the state of Nevada. We believe that this is key in order to assure clients that their monies are held in the safest and most secure manner possible.
“We believe that because of our extensive tax and estate planning experience along with holding client monies in a secured environment we will be able to capture a significant portion of the 1031 market.”
Scott Janko
President, NAFEP
NAFEP was founded in 1993 and is in the business of providing the legal documents, structures and strategies required to support the financial planning and real estate community in meeting their client's estate planning needs.
NAFEP has a key competency of providing Tax Advantaged Real Estate investment strategies and structures for financial planning and real estate professionals.
These strategies and structures are accomplished through our Self Directed Installment Sale, 1031 Exchange and Self Directed IRA/401K products and services
For additional information, Contact:
Scott Janko
National Association of Financial & Estate Planning (NAFEP)
PH: (801) 266-9900
FX: (801) 266-1019
info @ nafep.com
https://www.nafep.com/public%20info/public-info_1031.htm