1031 Exchange Explained

1031 Exchange Explained

The IRC section 1031 or 1031 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 exchange, to take place without requiring the payment of capital gains taxes on the initial investment. 1031 Exchanges are useful in a wide variety of circumstances. They provide excellent opportunities for resourceful property owners to create transactions which would not be possible through a sale/purchase format. The overriding advantage of exchanging lies in the ability to move equity from investment property to investment property without having to pay the capital gains taxes. exchangers can create an entire investment program using the wide variety of benefits available, and a property owner can move successively from one 1031 exchange to another any number of times.

Popular tags

Access to TIC properties Nationwide! FREE! Name (First Last)* Email * Phone * My role* ---select an item--- property owner investor/broker accommodator attorney/CPA real estate agent securities rep other Status* ---select one--- In 45 ID period Under contract Property listed Researching Equity* ---select one--- $10 million+ $5 to <$10 million $3 to <$5 million $1 to <$3 million $750,000 to $999k $500,000 to $749k $250,000 to $499k $100,000 to $249k less than $100k Tell us about your situation    * Indicates that these fields are required and must be filled in. your privacy assured