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1031 exchange, TIC and triple net reference and resources
1031 Like Kind Exchange Explained
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1031 Exchange Properties
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1031 Like Kind Exchange ExplainedThe internal revenue code or 1031 like kind exchange is an effective tax deferral strategy available to taxpayers. This code allows for a rollover of equity of like commercial real estate, through a 1031 like kind exchange, to take place without requiring the payment of capital gains taxes on the initial investment. 1031 Like Kind Exchanges are typical sales and purchases that involve the same exact ingredients as any other sale or purchase, without the capital gains. The only real difference is the real estate investor is increasing his or her selling and buying power by electing to rollover their investment into another like kind 1031 real estate. No other aspects of the transaction are affected.Contact us if you are interested in retaining the wealth of your commercial real estate investment and we will match you with a qualified 1031 like kind expert in your area. |
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