Burns 1031 Tax Deferred Exchange Services, LLC

- 3711 Center St, Tacoma, WA 98409

For real estate investors, navigating the complexities of taxes and transactions can be a daunting task. One of the most powerful tools available to property owners is the 1031 tax-deferred exchange, which allows for the deferral of capital gains taxes when reinvesting the proceeds from a property sale. For Washington residents seeking expert guidance on this process, Burns 1031 Tax Deferred Exchange Services, LLC, is a leading resource. Based in Tacoma, this firm, led by attorney Martin Burns, provides professional, timely, and well-communicated services to help clients successfully complete their real estate exchanges.

Burns 1031 Tax Deferred Exchange Services, LLC, is more than just a legal firm; it is a dedicated service provider focused on a very specific and impactful area of law. They understand that a successful 1031 exchange can be the key to maximizing investment potential and preserving wealth. Their work involves acting as a qualified intermediary, holding client funds securely and ensuring all legal and IRS requirements are met to facilitate a seamless, tax-deferred transaction. This overview will delve into their location, specialized services, key features, and why they are a trusted choice for real estate investors in Washington and beyond.

The firm is conveniently located at 3711 Center St, Tacoma, WA 98409, USA. This central location in Tacoma makes it a practical choice for local residents and real estate professionals. The physical location is a key point of contact for clients who prefer in-person meetings and a human touch, rather than a purely online service.

Understanding that their clients come from diverse backgrounds and may have varying needs, Burns 1031 Tax Deferred Exchange Services, LLC, has made a point to ensure their office is accessible. The facilities include a wheelchair-accessible parking lot and a wheelchair-accessible restroom. These features demonstrate a commitment to providing a welcoming and accommodating environment for all visitors. To ensure that each client receives dedicated and focused attention, appointments are recommended. This allows the team to prepare for your specific needs and have all the necessary information ready, ensuring a productive and efficient consultation.

The primary service offered by Burns 1031 Tax Deferred Exchange Services, LLC, is its expertise in 1031 exchanges. This specialized focus allows them to provide a high level of skill and knowledge in this complex area of tax and real estate law.

• 1031 Exchanges: The core of their business is facilitating 1031 tax deferred exchanges. They act as a qualified intermediary, which is a required role to legally hold the proceeds from the sale of an investment property and then use those funds to acquire a new "like-kind" property. This process allows the investor to defer capital gains taxes.

• 1031 Tax Deferred Exchanges: They provide comprehensive services covering the entire process of a 1031 tax deferred exchange. This includes working with the client and other involved parties, such as real estate agents and title companies, to ensure the transaction adheres to all the strict timelines and rules set by the IRS.

• Legal and Tax Guidance: As a law firm specializing in real estate and tax matters, they provide crucial legal counsel related to the transaction. Attorney Martin Burns' background in both accounting and law gives him a unique ability to guide clients through the financial and legal intricacies of the exchange process, ensuring everything is handled with precision.

Several key aspects of Burns 1031 Tax Deferred Exchange Services, LLC, make them a premier choice for investors in the Washington area.

• Specialized Expertise: The firm’s exclusive focus on 1031 exchanges and real estate law means they are true specialists in their field. Their deep understanding of the regulations and requirements for a successful tax deferral is a significant advantage for clients who want to avoid potential legal and financial pitfalls.

• Professionalism and Timeliness: Client reviews highlight the team’s professionalism and their ability to be "timely" and "communicate very well." This is crucial in a 1031 exchange, which has strict deadlines that cannot be missed.

• Secure and Transparent Handling of Funds: Unlike some other companies, Burns 1031 Services operates with a high degree of transparency. Client funds are held in a separate, non-pooled account, which the client can view at any time. This provides peace of mind and security, knowing their capital is protected.

• Attorney-Led Service: The involvement of an experienced attorney like Martin Burns provides a higher level of legal scrutiny and professional guidance than a standard qualified intermediary service might offer. His legal and accounting background is a rare combination that benefits clients immensely.

• Free Consultation Offer: They offer a free consultation, allowing potential clients to discuss their situation and learn about the fees and process without any initial financial commitment. This is a great way to determine if a 1031 exchange is the right strategy for you.

If you are a property owner in the Washington area or beyond and are considering a 1031 exchange, you can contact Burns 1031 Tax Deferred Exchange Services, LLC, to schedule a consultation.

Address: 3711 Center St, Tacoma, WA 98409, USA

Phone: (253) 507-5586

Mobile Phone: +1 253-507-5586

Appointments are recommended to ensure you receive a thorough and personalized discussion about your potential exchange.

Choosing a qualified intermediary for a 1031 exchange is one of the most important decisions an investor can make. The process is governed by strict IRS rules and tight deadlines, where a single misstep can result in a significant capital gains tax bill. Burns 1031 Tax Deferred Exchange Services, LLC, is worth choosing for several compelling reasons that directly address these concerns. Their primary value lies in their specialized expertise. By focusing on this single, complex area of tax and real estate law, they offer a level of mastery that a general-purpose firm cannot match. This deep knowledge is your first line of defense against costly errors.

Furthermore, the professionalism and clear communication highlighted by clients are critical. The testimonial mentioning that Jody, Martin, and their team are "professional, timely and communicate very well" is a powerful endorsement. This level of service ensures that you are kept informed throughout the high-stakes 180-day exchange window. Their transparent handling of funds and the fact that an experienced attorney oversees the process add another layer of security and trust that is difficult to find elsewhere.

Finally, the fact that their services are led by an attorney with a background in accounting is a unique and significant advantage. This combination of legal and financial acumen means they are equipped to handle both the transactional details and the strategic tax implications of your exchange. For a real estate investor in Washington looking to defer capital gains and grow their portfolio, Burns 1031 Tax Deferred Exchange Services, LLC, offers a secure, expert, and professional partnership that is truly invaluable.

Burns 1031 Tax Deferred Exchange Services, LLC

3711 Center St, Tacoma, WA 98409, USA