1031 Exchange Explained

1031 Exchange Explained

It is the IRS approved method that enables you to sell your rental real estate rental real estate and reinvest in another rental real estate or rental real estate, deferring all federal (and most state) capital gains taxes. This transaction is authorized by internal revenue code and is one of the best options for real estate owners to rollover their investment rental real estate while preserving as much wealth as possible. More importantly, completing a 1031 exchange with a tenants in common interest ownership in a rental real estate allows real estate owners not only to defer their capital gains taxes, but also to upgrade their rental real estate investment into larger, institutional-grade rental real estate.

If you recently sold an investment rental real estate or you're considering selling, we can match you with a 1031 advisor that can help you explore your 1031 exchange options. Contact us today for a free consultation.