1031 Exchange Guide for 2021
If you own an investment property, you may want to understand the set of IRS rules for 1031 exchanges. This is because you may need to pay a significant capital gains tax when you make more off selling an investment property than you paid for it.
A 1031 exchange can be a great tax advantage for real estate investors, allowing you to defer paying taxes on your investment property's sale for virtually as long as you want. This 2021 guide to 1031 exchanges will help you through the process.