Section 1031 Exchange | 1031 Exchange Rules
For those investing in real estate properties, IRS regulations become a primary consideration, especially those that mean to benefit the investor when it comes to decreasing their responsibilities after earnings. One option that works toward that end is a 1031 Exchange option. It boasts a valuable tool when facing capital gains or potential other taxes—these result when you sell a real estate property for a high price point that you originally paid. The capital gains on that difference would be considerable. Fortunately, this tax payment can be deferred if the proceeds you earned with the transaction are reapplied to another…
