Back To Blog

And you thought 1031 Exchanges Were Just for Real Estate!

  • By
  • Posted

Edmund & Wheeler, Inc. is synonomous with 1031 Exchanges. You might not find this as fascinating as I did, but here's a 1031 exchange I've never heard of or even thought possible.

"The Molitor Stradivari" is a violin that was handcrafted in 1697 by Antonio Stradivari and was recently sold for $3.6M making it the most expensive instrument EVER sold at auction. The name "Stradivarius" has become a superlative often associated with excellence; to be called "the Stradivari" of any field is to be deemed the finest there is. The seller of the violin utilized Section 1031, and Edmund & Wheeler, Inc. to defer his sizeable capital gains on the sale!

Read the full story and hear the violin being played by its new owner! Truly amazing!

Add Comment

Comments are moderated. Please be patient if your comment does not appear immediately. Thank you.

Comments

  1. No comments. Be the first to comment.

Get in touch

Do not fill in this field: