1031 Tax Law Exchange Explained
1031 Tax Law Exchange Explained
A
1031 tax law exchange permits 1031 real estate real estate investors to sell an
income real estate and defer tax payments by reinvesting the proceeds into a like-kind 1031 real estate or income real estate. A
1031 tax law 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 law broker. A 1031 tax law broker can help you explore your
1031 tax law exchange options. Contact us today for a free consultation.