1031 Exchanges

What Is a 1031 Exchange? A 1031 Exchange, named after Section 1031 of the Internal Revenue Code, is a tax-deferral strategy that allows real estate investors to sell a property and reinvest the proceeds in a new, like-kind property, while deferring capital gains taxes. The primary goal of a 1031 Exchange is to help investors build wealth over time by allowing them to leverage their investments and defer taxes on capital gains. This powerful tool is especially beneficial for investors looking to upgrade their portfolio, diversify their holdings, or consolidate…