1031 Exchange: How To Defer Your Capital Gains Taxes

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What is a 1031 Exchange?

For a detailed explanation you can check out this very thorough page at Wikipedia.

However, in essence Section 1031 of the Internal Revenue Code allows you to defer the payment of capital gains taxes that would otherwise be due on the sale of a property if you exchange it for another appropriate property.

If you are a real estate investor it is obviously in your interest to do your home work on 1031 exchange rules. It could save you many thousands of dollars in taxes, and could help you avoid many of the pitfalls and problems associated with 1031 tax exchanges. By doing a little research you can maximize and optimize your tax deferrals.

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