When can you use a 1031 exchange in real estate?

By | March 11th, 2019|Comments Off on When can you use a 1031 exchange in real estate?
QuestionsCategory: 1031 exchangeWhen can you use a 1031 exchange in real estate?
1 Answers
Xchange Expert Staff answered 12 months ago

1031 exchange can be used in real estate if you own an investment property and planning to sell it. In this case, 1031 exchange helps in deferring the capital gain tax when you exchange the investment property for another like-kind property.

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