In simple terms, a 1031 exchange allows you to sell one property and use the profit to buy another, without paying capital gains taxes right away. As long as you follow the rules and reinvest in a similar type of property, you can defer the taxes, helping your money go further in future investments.
Put Your Money to Work
For more information about 1031 Exchanges, please visit The Exchange Authority’s website or call 800-581-5363.
Routing # 211370707 | NMLS # 452347 | Phone: 800.581.5363
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