1031 Exchange Financing
If you own an investment property and are considering selling it, a 1031 exchange is a way to avoid getting taxed on your capital gains. A 1031 exchange or 1031 tax-deferred exchange allows the owner of an investment property to sell it and buy like-kind property while deferring capital gains tax. Read more below to understand how a 1031 exchange works and the guidelines.
If you are approaching the 180 day deadline to close escrow on your new property then a bridge loan may be a good option to consider. To learn more about 1031 exchanges and how bridge loans can help you close your real estate transaction quickly please read below.
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