Rizzo Realty Group Makes 1031 Exchange Worry and Hassle Free

Chicago, IL - Rizzo Realty Group (RRG), a residential real estate firm that specializes in the second-home and investment market, offers private programs that help sellers defer capital gains tax and take advantage of the 1031 exchange. Often times, sellers must take a capital gains tax hit because they do not find a "suitable" property before the deadline. RRG has solved this dilemma with their 2-year private programs.

By offering exclusive programs to their clients, sellers of real estate now have a safety net under them when the 45-day crunch hits. RRG offers private incentive programs to their clients on many of their investment developments. By offering, among many other things, a 2-year guaranteed rental income plan, those real estate sellers can easily become investors in property that is basically hassle-free. Once the 2-year program is up, clients can continue holding on to the property, or they can then sell and continue to take advantage of the 1031 exchange and reinvest their profit into other properties.

Why is this so unique? Because it is the answer for virtually ANYONE in the real estate world. Whether you hold commercial or residential property, in order to defer the capital gains tax, you must identify a property for purchase within 45 days. Too many times, the property of choice has fallen through in one-way or another, and the seller has no backup plan. Thus leaving them with a hefty capital gains tax bill.

RRG has programs that are already implemented and are in place for those savvy investors who need to “park” their money in another property. The added bonus is that you not only defer capital gains tax but then you get additional buyer incentives through the private programs RRG offers.

"The 1031 exchange is an extremely powerful tool for sellers of appreciated real estate; however, I often hear the horror stories of sellers who’s deals fall through and have no backup plan and end up paying a huge capital gains tax that they would have easily been able to defer if they had an alternate property,” commented Santo Rizzo, CEO of Rizzo Realty Group. “Our hassle-free programs provide our clients with not only the best in client service, but our properties are hand-picked from some of the countries best real estate markets.”

ABOUT RIZZO REALTY GROUP
Rizzo Realty Group (RRG), one of the fastest growing residential real estate brokerage firms in Chicago, has set out to fill a vital niche that was missing in the industry – educate clients on the value of investing in real estate in order to achieve financial independence. RRG offers investors unrivalled opportunities for investment in various real estate projects throughout the U.S. The Principals of Rizzo Realty Group are a dynamic husband and wife duo, Santo and Sharon Rizzo, who have built successful real estate careers for the past 30 years. For more information, please visit: www.rizzorealtygroup.com

For more information on the private programs or to arrange an interview with the principals of Rizzo Realty Group, please contact: Shelly Cellak 
(773) 398-6154, shelly@shellycellak.com