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What is a 1031 Exchange in Real Estate Investing?

1031 exchanges are common in real estate investing. You don't need to be a big time flipper to benefit from it. If you're thinking of selling your second home or investment property you may want to consider your possibilities with the profit from your sale or you could have some heavy tax consequences from capital gains.

In this article, I'll shed some light on 1031 like-kind exchanges, so you can start thinking about your options for buying a new second home or investment property before you sell your home.

Michael Nolen, Realtor®
By Michael Nolen, Realtor®
on October 5, 2017 at 10:51 AM
   
What is a 1031 Exchange in Real Estate Investing?

1031 exchanges are common in real estate investing. You don't need to be a big time flipper to benefit from it. If you're...

Michael Nolen, Realtor®
By Michael Nolen, Realtor®
on October 5, 2017 at 10:51 AM

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