1031 EXCHANGE ON REAL ESTATE (LIKE KIND EXCHANGE)
$10.00
General information A 1031 Exchange, named after Section 1031 of the U.S. Internal Revenue Code, allows real estate investors to defer paying capital gains taxes when they sell an investment property and reinvest the proceeds into a “like-kind” property. This strategy is widely used to build wealth by upgrading to higher-value or more profitable properties, or to diversify holdings without incurring immediate tax liabilities.
A 1031 Exchange, named after Section 1031 of the U.S. Internal Revenue Code, allows real estate investors to defer paying capital gains taxes when they sell an investment property and reinvest the proceeds into a “like-kind” property.
Additional information
| Strategy number: | #79 |
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