A 1031 exchange (derived from Section 1031 of the U.S. Internal Revenue Code) is a real estate investment strategy that allows an investor to defer paying capital gains taxes on the sale of a property by reinvesting the proceeds into a “like-kind” property. – Gonen Capital

A 1031 exchange (derived from Section 1031 of the U.S. Internal Revenue Code) is a real estate investment strategy that allows an investor to defer paying capital gains taxes on the sale of a property by reinvesting the proceeds into a “like-kind” property.

Essentially, it’s a way to swap one investment property for another while keeping your tax bill at 0—at least for the time being. The Core Concept: “Swap, Don’t Sell” When … Continue reading A 1031 exchange (derived from Section 1031 of the U.S. Internal Revenue Code) is a real estate investment strategy that allows an investor to defer paying capital gains taxes on the sale of a property by reinvesting the proceeds into a “like-kind” property.