QUANTUM ENGINEERING ASSOCIATES, INC OFFERS CAPITAL GAINS TAX SOLUTION AND 1031 EXCHANGE ALTERNATIVE
Released on: February 20, 2008, 11:37 pm
Press Release Author: Jeff Kornfeld
Industry: Financial
Press Release Summary: Boynton Beach, FL Feb.5 - An IRS-accepted strategy which defers capital gains taxes on the proceeds of highly appreciated property sales is the center of a strategic partnership announced today. Quantum Engineering Associates, Inc., will partner with Estate Planning Team, a national marketing organization based in CA, to offer its clients this IRS-accepted strategy designed to help high net worth individuals preserve their wealth.
Press Release Body: Many baby boomers are looking to liquidate the wealth they have accumulated in real estate or their small businesses, but capital gains taxes can reduce their net profit. With a 1031 exchange, the seller exchanges the property for another like property avoiding capital gains tax, but with an exchange they may not eliminate the day-to-day management of an investment property or small business.
Under the agreement, Quantum will be able to offer this service to clients who are selling highly appreciated real estate holdings. As an alternative to the a href=" http://www.selltaxdeferred.com/1031-exchange.html">1031 exchange, advisors will offer property and small business owners the Deferred Sales TrustT which allows a property owner to defer capital gains over their life time. With additional planning, the DSTT can also remove the asset from the client\'s taxable estate.
Tom Flynn, JD & MBA, one of Quantum's managing partners, said \"the DSTT program is a huge cash saver to a commercial property seller who fails to qualify for a 1031. Now, he can relax, take his time and no longer has to make a hurried up 'like kind' exchange decision because of the benefits a DSTT strategy can provide. The ability to meet my clients' objectives through providing an additional valuable service, which saves them real dollars, further bolsters my credibility as a valuable professional advisor."
The DSTT is offered exclusively through the Estate Planning Team, a membership organization based in Palm Desert, CA. Estate Planning Team offers the DSTT, and other wealth preservation strategies, through realtors, title insurance representatives, investment advisors and insurance representatives. Quantum Engineering Associates is a leading structural engineering & cost segregation firm based in Boynton Beach, Florida.
For more information, you can contact Tom Flynn, JD, MBA of Quantum Engineering Associates, Inc. at (561) 572-0177 or on the web at http://www.selltaxdeferred.com/ or www.mydstplan.com/tflynn4857
Web Site: http://www.selltaxdeferred.com
Contact Details: contact: Jeff Kornfeld Estate Planning Team 877-213-8707