A 1031 Exchange allows investors to defer taxes on the profits they receive from the sale of a property. Governed by Section 1031, a 1031 Exchange does not provide a means of evading taxes, but it allows investors to reinvest their real estate profits into another property and thereby defer the taxes on those profits until a later date. There are several different types of 1031 Exchanges:
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- Build-to-Suit Exchanges
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- Reverse Exchanges
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- Simultaneous Exchanges
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- Delayed Exchanges
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- Personal Property Exchanges
All Property Title & Escrow, LLC can help facilitate all these types of exchanges, ensuring that the legal requirements are met to defer taxes.