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1031 Exchange Explained


1031 Exchange Explained

A 1031 exchange permits 1031 property property investors to sell an income property and defer tax payments by reinvesting the proceeds into a like-kind 1031 property or income properties. A 1031 exchange is enabled by internal revenue code. The theory behind internal revenue code is to allow the property investor to reinvest the sale proceeds into another income property, foregoing any economic gains that may have been realized from the sale. If you have recently sold, or are thinking of selling investment income property, we can assist in matching you with a qualified 1031 expert. A 1031 expert can help you explore your 1031 exchange options. Contact us today for a free consultation.
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