IRC Section 1031 provides an exception and allows you to postpone paying tax on the gain if you reinvest the proceeds in similar property as part of a qualifying like-kind exchange. Gain deferred in a like-kind exchange under IRC Section 1031 is tax-deferred, but it is not tax-free.

1. 1031 Exchange - All You
Need To Know!

2. What is 1031 Exchange?
•
IRC Section 1031 provides an exception and allows you to postpone
paying tax on the gain if you reinvest the proceeds in similar property
as part of a qualifying like-kind exchange. Gain deferred in a like-kind
exchange under IRC Section 1031 is tax-deferred, but it is not tax-free.
Source: Irs.gov

3. • Benefits of 1031 Exchange

4. • 1. Cash deferral

5. • 2. Improved return on cash flow

6. • 3. Consolidation or diversification of investment

7. • 4. Elimination of active management of the investment

8. • 5. Wealth development

9. • Want to know more?
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