1031 Exchange Explained
1031 Exchange Explained
It is the IRS approved method that enables you to sell your
investment property investment property and reinvest in another
investment property or investment properties, deferring all federal (and most state) capital gains taxes. This transaction is authorized by IRC section 1031 and is one of the best options for property owners to rollover their investment
investment properties while preserving as much wealth as possible. 1031 ownership has become the preferred investment vehicle for real property owners who wish to defer capital gains via a
1031 exchange and own real
investment property without the management headaches.
If you are interested in learning more about
tenants in common investment exchanges, a type of preferred type of 1031 exchange, contact us and we will gladly refer you to a licensed representative.