Why Do a 1031 Exchange?

If you are selling a highly appreciated property held for business use or investment (like a rental property), you can defer all of the taxable gains and depreciation recapture by doing a 1031 exchange. A 1031 exchange, also called a like-kind exchange, was first authorized in 1921 when Congress recognized the importance of encouraging reinvestment in business assets. Today, taxpayers use 1031 exchanges to increase cash flow by deferring taxes on gains realized through the sale of real estate, as long as they reinvest those gains in the replacement property. There are specific rules that must be followed which I can help you with.

I specialize in helping clients complete 1031 exchanges by finding replacement properties that meet their needs. 

For more 1031 Exchange information click here and fill in the form below:

I will get in touch with you promptly.