1031 Exchange Explained

1031 Exchange Explained

The internal revenue code or 1031 exchange is an effective tax deferral strategy available to taxpayers. This code allows for a rollover of equity of like rental real estate, through a 1031 exchange, to take place without requiring the payment of capital gains taxes on the initial investment. More importantly, completing a 1031 exchange with a tenants in common interest ownership in a rental real estate allows real estate investors not only to defer their capital gains taxes, but also to upgrade their rental real estate investment into larger, institutional-grade rental real estate.

If you recently sold an investment rental real estate or you're considering selling, we can match you with a 1031 broker that can help you explore your 1031 exchange options. Contact us today for a free consultation.



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