1031 Exchanges!

1031 Exchanges!

  • Crystal Joslin
  • 05/4/22

Savvy homeowners are leveraging 1031 exchanges, also known as like-kind exchanges, to defer or avoid paying taxes on capital gains from real estate transactions. Reserved only for investment or business purposes, this tax code may help you swap out your lavish Hamptons vacation compound for a sprawling bed-and-breakfast farm ranch in Colorado – which potentially means more money in your bank. Thinking of embarking on a 1031 journey? Consider these critical factors before you start.  https://mansion.global/3rJ6HdF 

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