Understanding 1031 Exchange Basics A 1031 Exchange, named after Section 1031 of the Internal Revenue Code, is a strategic tool in real estate transactions that allows investors to defer paying capital gains taxes when they sell an investment property and reinvest the proceeds into a similar property. Its primary purpose is to encourage the reinvestment … Read more
Introduction to 1031 Exchange A 1031 exchange, named after Section 1031 of the Internal Revenue Code, is a powerful investment strategy enabling property owners to defer capital gains taxes on the sale of a property by reinvesting the proceeds into a like-kind property. This provision is designed to encourage economic activity by allowing real estate … Read more
Introduction to 1031 Exchanges A 1031 exchange, governed by Internal Revenue Code Section 1031, is a tax-deferral strategy that allows investors to exchange one investment property for another while postponing capital gains taxes on the sale. This provision is particularly significant in real estate, as it enables property owners to reinvest their profits without the … Read more
Introduction to 1031 Exchanges A 1031 Exchange, named after Section 1031 of the Internal Revenue Code, is a pivotal strategy used by real estate investors to defer capital gains taxes when selling an investment property. This provision allows for the exchange of one property for another like-kind property, maintaining the full value of the investment … Read more