1031 Tax Exchange Explained

1031 Tax Exchange Explained

A 1031 tax exchange permits 1031 tax code real estate real estate investors to sell an income real estate and defer tax payments by reinvesting the proceeds into a like-kind 1031 tax code real estate or income 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 income 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 income real estate, we can assist in matching you with a qualified 1031 tax tax code advisor. A 1031 tax tax code advisor can help you explore your 1031 tax exchange options. Contact us today for a free consultation.



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