We recently got an offer that used money from a 1031 exchange. The seller we were working with had no idea what this meant, so we wanted to explain that today. Investors use 1031 exchanges to defer their capital gains tax when they sell a property. However, they have to follow certain timelines that you can take advantage of as a seller.
What is the 1031 Exchange?
- Dave Knight
- 02/4/24
