1031 Exchange: The Mission Bank affiliated service offering powerful tax savings

Mission 1031 Exchange, LLC, a wholly-owned subsidiary of Mission Bancorp, was formed to facilitate Section 1031 property exchange transactions for our customers and the community at large. Regardless of where your property is located, we can facilitate your exchange because we are a nationwide qualified intermediary.

What is a 1031 Exchange?

Internal Revenue Code §1031 allows deferred taxes on qualifying like-kind exchanges. A tax-deferred Section 1031 Exchange is one of the most powerful tax-saving strategies available for businesses and investors.

Normally, when you sell real property and a gain is made on the sale, the gain is taxable at the time of sale. However, if you are planning to reinvest in similar property, you can reap the benefits of deferring taxes if you exchange real properties instead. 

Why choose Mission Bank for your 1031 Exchange?

Mission 1031 Exchange's team of experts are here to help!  Known for our smooth process and trained representatives, Mission 1031 Exchange is best choice for property owners looking to use Internal Revenue Code §1031.  Whether your property is in California or beyond, we are standing by to assist.

Visit Mission Bank’s 1031 Exchange FAQ page for more information!