* New * New * New * Posted 5/28/2021
30.71 Acres located in the beautiful Southern Adirondack Region.Over 800 feet of paved road frontage with electric and telephone. Spectacular building sites nestled in this magnificent private evergreen and hardwood forest.
Only $49,900
315-348-8884/800-615-2321 www.vandewaterland.com
Click here for details
What is a 1031
Section 1031 of the Internal Revenue Code provides that no gain or loss shall be recognized on the exchange of property held for productive use in a trade or business, or for investment. A tax deferred exchange is a method by which a property owner trades one or more relinquished properties for one or more replacement properties of like-kind, while deferring the payment of federal income taxes and some state taxes on the transaction.
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Geri and I had been searching for a country home for better than two years. We looked in various states without success. Then we had the good fortune to speak to VandeWater & Associates. They understood our interest and needs and introduced us to the property that became our new home. The log home and the large property was a perfect match.
They spent endless time with us showing the property and answering the multitude of questions we had concerning moving from city life to a rural and lovely setting. They introduced us to neighbors as well as local merchants and services that have proven invaluable in this dramatic and wonderful change. Even after the closing he continues to stay in touch. They continue to show interest in how we are doing in our new local.
The entire process was professional and friendly. We greatly appreciate the interest they took in all aspects of this venture of ours.
"David & Geri Masaryk