Real Estate
Understanding the 1031 Exchange: A Powerful Tool for Real Estate Investors
For real estate investors seeking to defer capital gains taxes and strategically grow their portfolios, the 1031 exchange stands as a powerful, yet often misunderstood, tool. Named after Section 1031 of the Internal Revenue Code, this provision allows investors to sell a property and reinvest the proceeds into a "like-kind" replacement property, thereby postponing the […]