Real Estate
1031 Exchange
Defer taxes when exchanging investment real estate.
About this strategy
A Section 1031 exchange allows an investor to defer recognition of certain taxable gains by exchanging qualifying real property held for business or investment for other qualifying like-kind real property. Specific requirements govern the transaction, including how proceeds are handled and the timing of identifying and acquiring replacement property. A 1031 exchange generally defers rather than permanently eliminates the taxable gain.
Implementation resources
Slides, templates, and supporting videos.