A 1031 exchange, otherwise known as a tax deferred exchange, is a method of buying and selling real estate in order to avoid certain federal taxes on gains. Under this highly technical method, any gain realized from the sale of real estate must be put into the purchase of a different, "like kind" property. The 1031 exchange is an alternative to a common sale and purchase transaction regulated by the IRS Code §1031.
Our qualified Lead Counsel 1031 Exchange Attorneys can help assure your 1031 tax exchange complies with all applicable laws and can answer any questions you may have about this complicated process.
