Bank7 offers the ability to defer recognition of capital gains liabilities when you use our 1031 Exchange Service. When you sell an investment property or business-use property, you may defer various taxes by reinvesting these funds into a “like-kind” property. Our experienced staff, along with our standard agreement ensures your transaction is processed accurately and efficiently.
Bank7 acts directly as the Qualified Intermediary, the costs and, more importantly, the risks of improper handling of exchange funds are significantly reduced.
¹Please refer to a tax expert regarding your qualifications under this section of the code.
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