1031 Like-Kind Exchange for Real Estate

A 1031 exchange allows real estate investors to sell an investment property and reinvest the proceeds into a new, 'like-kind' property without paying capital gains taxes on the profit, deferring the tax liability until the property is eventually sold without another 1031 exchange.

A 1031 exchange allows real estate investors to defer taxes on profits by reinvesting in another like-kind property, enabling wealth growth and larger deductions.