We help owners of appreciated vineyards /wineries implement a #1031 Exchange to defer taxes, that can be as much as 40% of the gain. Rather than exchanging into  another physical property, we review whether it may be better to exchange into shares in Delaware Statutory Trust (DST). That "replacement" property now gives the owner a passive interest in an institutional quality real estate portfolio, without any property management responsibilities or personal liability.

Property owners whose principal residence includes a vineyard, may be eligible for significant tax deferral and tax reduction opportunities. Upon the sale of the appreciated property, the owners could qualify for the “Home Sale Tax Exclusion” under Section 121 of the Internal Revenue. 

In addition, the value of the vineyard could be exchanged under Section 1031 of the Internal Revenue Code. It is essential though that certain conditions are met, and IRS rules followed.

For a full discussion of these tax saving strategies and exchange opportunities, and how we can help you implement them, contact us.