There are several reasons that you as a property owner should participate in a 1031 exchange. For those of you who are not familiar with 1031 exchanges, 1031s are a way to defer taxes on the capital gains from a sale of investment property.  1031s can be very complicated and you will also need the help of a 1031 qualified intermediary. There are 5 main advantages to exchanging property.

1. Preservation of Equity – 1031 exchanges allow owners to defer taxes on the capital gains from a sale indefinitely. This allows the owner to roll the gains into a new property over and over rather than pay the taxes. Keep in mind that if you do 1031 exchanges and then at some time in the future decide not to exchange you will owe taxes going all the way back to your original basis.
2. Leverage – You can exchange from a property that you have a high amount of equity or one that you own “free and clear”  into a property of much more value and has a higher cash flow.
3. Diversification – Exchangers can diversify by exchanging out of one property into two or more properties. There are time considerations that must be taken into account. Consult with an attorney prior to engaging in an exchange involving multiple properties.
4. Management Relief – If you as an owner have accumulated several single family rentals that require intensive management you can exchange them for one single investment property that requires substantially less management.
5. Estate Planning – In many cases, several members of a family inherent a single property jointly and cannot agree on what they want to do with it. The family members can exchange the property for several different properties that suit the needs of all family members.

Always consult with an attorney who is familiar with 1031 exchanges.

To find your replacement 1031 ranch for sale, farm for sale, mountain land for sale, equestrian property for sale, or land for sale visit www.landbrokermls.com.

When you begin your search for hunting land for sale, you will want to consider several factors. Species you desire to hunt, quality of species you desire, species population size, species acreage requirements, and management goals to name a few. Below we have taken a couple big game species and discuss some of these factors. We will start with Whitetail deer hunting land in Texas.

When looking for whitetail deer hunting land in Texas, you will first want to determine if you are looking for a place that has high populations of deer simply for the enjoyment of hunting or if you want a place that has trophy quality deer. You will also want to determine what your goals will be. Do you want to buy  land that has not been managed previously and start your own management program or buy land that has already been managed? If you want to buy place to manage for and hunt trophy whitetail, you will want a place that is at least 1000 acres or more if it is not high fenced. If it is high fence,d you probably would not want a place smaller than 3-400 acres. In addition, you will want to manage the deer population according to your management goals.

Now lets look at Colorado Elk hunting land. You will still want to decide if you want a place for hunting trophy animals or simply for the enjoyment of hunting. Once you have determined what type of hunting you want to be able to do, you have several options. You can by small acreage that borders National Forest or BLM land giving you access to 1,000s of acres to hunt or you can buy large parcels of private land. You will be very limited on your management options if you elect to buy smaller parcels that simply give you access as opposed to the options that will be available if you purchase large private tracts of land. You will also need to decide what unit you want to purchase land in. Some units are draw only and some have 2nd, 3rd and 4th season over the counter tags. If you buy private land, you may be able to get land owner tags. The draw only units will generally have better trophy quality but lower overall herd numbers so unless you have land owner tags you will be required to draw your tags and it may take several bonus points in order to draw. You will want to keep these factors in mind when looking at Colorado Hunting Land for Sale.