1031 Tax Free Real Estate Exchange
The 1031 Exchange enables investors to defer - and in some cases, eliminate - the tax liability for highly appreciated real estate assets. It's not a simple process, but the 1031 exchange is well understood in the legal and investing communities. If you have highly appreciated real estate on which you'd like to avoid or defer the payment of taxes, this guide is for you:
You've done everything right: You bought a great piece of real estate, held onto it long enough for some nice appreciation, and now you've got a large profit. Congratulations!
But with profit comes one of the inevitable things in life: Taxes... unless you're a real estate investor. If you are, paying those taxes on your profits is 100% optional because of a wonderful tool called the:
1031 Tax-Free Exchange
The 1031 exchange is a tax deferral (or elimination) tool that enables a real estate investor to take profits from one deal and reinvest those profits into another deal without having to pay tax in the middle.
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