SOURCE: 1031 Exchange Advantage

April 10, 2006 19:25 ET

Better Homes Realty and 1031 Exchange Advantage Help Residential and Commercial Investors Keep Sizeable Gains Tax Free

SAN DIEGO, CA -- (MARKET WIRE) -- April 10, 2006 --1031 Exchange Advantage, a leading real estate transaction accommodator in California has formed a working relationship with Better Homes Realty to help investors buy, sell and get cash out of property tax free, no matter how large their gains. This relationship with 1031 Exchange Advantage allows Better Homes Realty to provide clients who are looking to sell investment properties with valuable insight and information on tax-deferred transactions.

Many home sellers taking advantage of rising property values are unaware of the Internal Revenue Code Section 1031 rules, in effect for more than 80 years but little known among homeowners and smaller investors.

Better Homes Realty, with more than 40 offices and over 600 real estate professionals throughout the state, is able to help real estate investors who are selling a property and investing in another to pay no taxes by deferring any gain realized from the sale through a 1031 Exchange. The realty is recommending 1031 Exchange Advantage through its website (http://www.bhr.com/).

A licensed, bonded and insured accommodator, 1031 Exchange Advantage has been helping clients buy and sell tax free for more than 20 years. "Record gains over the past boom can mean record taxes for the unwary," stated David Greenberger, an attorney and president of the company. "Anyone who is sitting with significant gains may not be aware that the tax laws allow them to sell and reinvest all the gains without paying taxes when they qualify, and our experts can show them how to maximize their gains."

1031 Exchange Advantage (www.1031exchangeadvantage.com) helps analyze the investors' goals, such as wealth accumulation, cash flow, relocation or retirement, helping investors achieve an optimum strategy for maximizing their objectives while taking advantage of tax free provisions under the current income and estate tax codes.

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