WHAT IS A 1031 EXCHANGE?

Section 1031 of the Internal Revenue Code allows an investor to defer capital gains taxes on the sale of investment property held for productive use in a trade or business or for investment when exchanged, solely, for a like kind property to be held either for productive use in a trade or business or for investment.

To go back to the Exchange Basics page, Click Here.
To learn more about why  you should consider a 1031 exchange, Click Here.
To learn more about 1031 Exchange Rules and Timelines, Click Here.