1031 Exchange – How Real Estate Investors Defer Capital Gains Tax

1031-exchange

Do you want to sell investment property, and then defer capital gains tax through a 1031 Exchange? Thanks to Internal Revenue Code Section 1031, you are allowed to postpone capital gains taxes, if you reinvest the proceeds in investment property. Here’s what you need to know about 1031 Exchanges: Qualifying Property The replacement property must be like-kind: if you sell […]