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1031 Tax Exchange Explained

The internal revenue code or 1031 tax exchange is an effective tax deferral strategy available to taxpayers. This code allows for a rollover of equity of like investment properties, through a 1031 tax exchange, to take place without requiring the payment of capital gains taxes on the initial investment. More importantly, completing a 1031 tax exchange with a tenants in common interest ownership in an investment property allows investment property investors 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 tax 1031 advisor that can help you explore your 1031 tax exchange options. Contact us today for a free consultation.