A 1031 exchange is a swap of one real estate investment property for another that allows capital gains taxes to be deferred.
2023 should also be the year of the 1031 exchange because we have more negotiating power today with a relatively inactive market. Take the funds from property A, defer the tax liability, and let us position you into a more profitable property.
We have several intermediaries we work with on a regular basis, and will help you through the process once you’ve cleared it with your CPA.
