Turn NOTHING into SOMETHING (BIG) with a 1031 Tax Deferred Exchange Commercial real estate can be a lucrative and feasible investment strategy. For those wishing to take advantage of the current market, a device exists that can grow existing investments into lasting financial security: Section 1031 of the Internal Revenue Code allows buyers and sellers of investment property to defer capital gains taxes from a property sale by rolling the proceeds into another investment property of equal or greater value. The 1031 exchange, as a transaction under this section is known, is governed by strict rules. To be eligible for a tax … (0 comments)
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