What is a 1031 Exchange? - Exchange-X Professional
3 weeks ago Real estate Florida City 24 viewsLocation: Florida City
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A 1031 Exchange, named after Section 1031 of the Internal Revenue Code, allows an investor to defer paying capital gains taxes on an investment property when it is sold, as long as another like-kind property is purchased with the profit gained by the sale. This strategy is commonly used in real estate investing to defer taxes and potentially increase investment returns.
Explore the world of 1031 Exchanges - a powerful wealth-building strategy in real estate. Understand the key principles and discover why investors are using this method to optimize their financial gains. Read More....https://exchange-x.com/what-is-a-1031-exchange/
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