1031 Exchange Explained
1031 Exchange Explained
It is the IRS approved method that enables you to sell your
investment property investment property and reinvest in another
investment property or investment properties, deferring all federal (and most state) capital gains taxes. This transaction is authorized by IRC section 1031 and is one of the best options for property owners to rollover their investment
investment properties while preserving as much wealth as possible. More importantly, completing a
1031 exchange with a
tenants in common interest ownership in an
investment property allows property owners not only to defer their capital gains taxes,
but also to upgrade their
investment property investment into larger, institutional-grade investment properties.
If you recently sold an investment
investment property or you’re considering selling,
we can match you with a
TIC advisor that can help you explore your
1031 exchange options. Contact us today for a free consultation.