1031 Exchange
A 1031 exchange is one of the best tax-saving tools in real estate and in order to execute it correctly you will want to be sure to speak with a Certified Public Accountant (CPA) and read through everything you can on 1031 Exchanges!
There are several tax benefits to investors who participate in a 1031 exchange. When executed within the required deadlines, the 1031 exchange is a great way for investors to defer both depreciation recapture and capital gains tax. However, as with most tax benefits, the 1031 exchange can be quite complex.
In this article, we’ll discuss how the 1031 exchange process works, which properties are eligible, and who can help execute the exchange.
1. What is a 1031 exchange?
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