A 1031 exchange allows you to defer paying taxes when you sell an investment property by reinvesting the proceeds in a qualifying replacement investment property under the Internal Revenue Code Section 1031.
By deferring taxes, you will have significantly more equity to reinvest, resulting in potentially higher annual cash flow and equity accumulation.
Alongside the benefits of a 1031 Exchange, several challenges arise such as the 180-days replacement schedule and requirements.
Find out how iintoo can help you beat the 1031 clock.
Sign up and start investing