A 1031 exchange, named after Section 1031 of the U.S. Internal Revenue Code, is a strategic financial maneuver used by investors to defer capital gains taxes when selling an investment property.  This tax deferral strategy is particularly popular in real estate transactions, where the capital gains tax can be significant. The process involves selling one investment property and reinvesting the proceeds into another property of like-kind within a specified time frame, allowing the...

read more