1031 Exchange Explained
1031 Exchange Explained
The internal revenue code or 1031 exchange is an effective tax deferral strategy available to taxpayers. This code allows for a rollover of equity of like commercial real estate, through a 1031 exchange, to take place without requiring the payment of capital gains taxes on the initial investment. More importantly, completing a 1031 exchange with a tenants in common interest ownership in a
commercial real estate allows real estate investors not only to defer their capital gains taxes,
but also to upgrade their
commercial real estate investment into larger, institutional-grade commercial real estate.
If you recently sold an investment
commercial real estate or you’re considering selling,
we can match you with a 1031 broker that can help you explore your 1031 exchange options. Contact us today for a free consultation.