Business Banking
1031 Exchange for Business in Jacksonville

The Internal Revenue Code Section 1031 allows taxpayers, through the use of a Qualified Intermediary, to defer capital gains taxes on the sale of “relinquished” properties if the proceeds are reinvested in similar, like-kind “replacement” properties. The Jacksonville Bank will act as your Qualified Intermediary and facilitate the exchange process for you. Contact us for assistance.

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Equal Housing Lender

Institution ID - 746434
To find a loan officer NMLSR identification number click here.

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