1031 Exchanges

A 1031 exchange is a tax-deferred exchange of real estate that will allow you to have more money to reinvest in rental real estate: You can sell your current building and buy a new one, deferring capital gains and depreciation recapture tax from the sale of the first property. We'll explain what this means. In a nutshell: Depending on the value of your property and whether or how long you have been depreciating it, you may be able to defer tens or hundreds of thousands of dollars in taxes. We will explain:

• How the 1031 exchange came to be.
• Examples of things you can exchange.
• Whether second homes and owner-occupied properties can be exchanged.
• The detailed process including timelines.
• When you may still have to pay some tax.
• And much more.

A Section 1031 exchange must be initiated before you sell and then executed along demanding timelines. You should learn how before you start.

Learn whether a 1031 exchange may be right for you and if so, how to go about it.