Tag: Rules For A 1031 Tax Deferred Exchange

  • What Are The Rules For A 1031 Tax Deferred Exchange?

    What Are The Rules For A 1031 Tax Deferred Exchange?

    Real estate investment can be a lucrative venture, but capital gains taxes can significantly erode profits when it’s time to sell. The Internal Revenue Code’s Section 1031 offers a useful option for reducing tax obligations through like-kind swaps.  By using the sale proceeds to buy another property, investors can defer capital gains taxes with a…