1031 Exchange Explained




1031 Exchange Explained

A 1031 exchange is the IRS approved method enabling the deferment of federal (and most state) capital gains taxes through the sale and direct reinvestment of all proceeds into other like kind rental property rental property. More importantly, completing a 1031 exchange with a tenants in common interest ownership in a rental property allows property owners not only to defer their capital gains taxes, but also to upgrade their rental property investment into larger, institutional-grade rental properties.

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


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