Should You Defer Capital Gains Taxes With a 1031 Exchange?

Are you contemplating whether to sell a property? If so, you could be eligible for a 1031 exchange. This complex tax strategy could postpone a hefty tax payment, but there are some important stipulations. 

Recently, our CEO Marianela Collado was quoted on providing investors her insight into how a 1031 exchange can potentially allow real estate investors an opportunity to put off paying capital gains. “In a nutshell, you’re swapping one property for another, and the new property takes on the basis of the previous property.” 

Read here to learn more about this sophisticated tax strategy:

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