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 income property income property. More importantly, completing a 1031 exchange with a tenants in common interest ownership in an income property allows property investors not only to defer their capital gains taxes, but also to upgrade their income property investment into larger, institutional-grade income properties.

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