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