1031 Tax Exchange Explained
1031 Exchange Properties
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1031 Tax Exchange ExplainedA 1031 tax exchange permits 1031 real estate real estate investors to sell a rental real estate and defer tax payments by reinvesting the proceeds into a like-kind 1031 real estate or rental real estate. A 1031 tax exchange is enabled by internal revenue code. The theory behind internal revenue code is to allow the real estate investor to reinvest the sale proceeds into another rental real estate, foregoing any economic gains that may have been realized from the sale. If you have recently sold, or are thinking of selling investment rental real estate, we can assist in matching you with a qualified 1031 tax advisor. A 1031 tax advisor can help you explore your 1031 tax exchange options. Contact us today for a free consultation. Popular tags |
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