1031 Exchange Rules
If you own an investment property, you may want to understand the set of IRS rules for 1031 exchanges. You may need to pay a significant capital gains tax if you make more off selling an investment property than you paid for it, so it's important to understand 1031 exchange rules in order to make the best decisions for your investment property.
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 2022 guide to 1031 exchanges will help you through the process.