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
investment property investment property. More importantly, completing a
1031 exchange with a
tenants in common interest ownership in an
investment property allows property owners not only to defer their capital gains taxes,
but also to upgrade their
investment property investment into larger, institutional-grade investment properties.
If you recently sold an investment
investment property or you’re considering selling,
we can match you with a
TIC advisor that can help you explore your
1031 exchange options. Contact us today for a free consultation.