1031 Exchange BiFold
Home Section 1031 of the Internal Revenue Code provides a valuable tax-saving opportunity for owners of qualified real estate assets in the United States. Under this provision, property owners can
1031 Exchange BiFold
1031 Exchange BiFold
Section 1031 of the Internal Revenue Code provides a valuable tax-saving opportunity for owners of qualified real estate assets in the United States.
Under this provision, property owners can sell their investment or business property and defer paying taxes on the capital gains realized from the sale, as long as they reinvest the proceeds into like-kind replacement property for investment or business purposes. This tax-deferral strategy, commonly known as a 1031 Exchange or like-kind exchange (LKE), offers significant advantages for investors looking to preserve their capital and facilitate portfolio growth.
1031 Exchange FAQs
Home A Qualified Intermediary, often abbreviated as QI, plays a crucial role in facilitating 1031 exchange transactions. This individual or entity acts as an impartial third party, independent of the
Understanding 1031 Exchanges
Home A 1031 exchange, also known as a like-kind exchange (LKE), is a powerful tax-deferral strategy in the United States that enables investors to defer paying capital gains taxes, depreciation