First Bank Front Royal VA-The Last Bank You Will Ever Need!
General Info
We do Business Checking, Business Savings, Commercial Loans, Merchant Card Services, Personal Checking, Personal Savings, ATM/Credit Cards, Personal Loans, Investment Mgmt. Accounts, Mutual Funds, Stock & Bonds, Advantage Investment, Tax-Deferred Annuities, Life Insurance, and Long Term Care Insurance.
If you are selling investment property and intend to reinvest the proceeds in similar, or like-kind, investment property, you should never have to pay income taxes on the sale of property. A 1031 Exchange can help you defer the taxes on the transaction.