1031 Exchange Explained




1031 Exchange Explained

IRC Section 1031 allows a property owner of investment investment property to exchange investment property and defer paying federal and state capital gain taxes (20%+ applicable state taxes) in the event that they purchase a like-kind investment property. A tax-deferred exchange is a method by which a property owner trades one or more relinquished investment properties for one or more replacement investment properties of like-kind, while deferring the payment of federal income taxes and some state taxes on the transaction. 1031 Exchanges structured as tenants in common provide property owners a range of opportunities to meet personal investment objectives. This includes investment property type and geographic diversification, and, most importantly, the elimination of day-to-day investment property management obligations.

Contact us today if you are interested in rolling over an investment property investment through a 1031 exchange. We can match you with a licensed broker who can manage your exchange.


Access to TIC properties Nationwide!
FREE!


Name
(First Last)*
Email *
Phone *
My role*
Status*
Equity*
Tell us about your situation
  
* Indicates that these fields are required and must be filled in.
your privacy assured
Popular tags