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1031 Exchange

1031 Exchange

A 1031 Exchange is an excellent tool available to owners of investment real estate. Section 1031 of the Internal Revenue Code states, in effect, that upon the sale of an investment property or real property used in a trade or business, the owner can use the funds from the sold property to purchase a similar, or “like-kind” property, and thus not be liable for capital gains taxes on the proceeds from the initial property.

How To Complete The 1031 Exchange Process

To complete a 1031 Exchange, there are some basic rules that must be followed. To Learn more contact a Certified Exchange Specialist with IPX1031 a Fidelity National Finance Company.

Customer Service: 1-888-771-1031

Disclaimer: Consult your tax advisor to determine whether an exchange is appropriate for your circumstances.

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