What is a 1031 exchange property?

By | April 2nd, 2019|Comments Off on What is a 1031 exchange property?
QuestionsWhat is a 1031 exchange property?
1 Answers
Xchange Expert Staff answered 11 months ago

A 1031 exchange got its existence from the Section 1031 of U.S. Internal Revenue Code under which if you sell the investment property, and reinvest the proceeds to buy the new like-kind investment property then the capital gain taxes get deferred.

“Our tax-deferred 1031 exchange programs can save millions in taxes, increase investor equity, and compound annual cash flow distributions and returns”