How does a Section 1031 Exchange work?

With a Section 1031 exchange, there must be an exchange of properties. The simplest type of Section 1031 exchange is a simultaneous swap of one property for another. A real estate owner will sell one business or investment property and use the proceeds of the sale to purchase another similar property within the required timeline established by the IRS.

By | 2018-07-02T16:34:14+00:00 July 2nd, 2018|

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Leonard is the most recent addition to the Wilshire Quinn team. He is the Chief Marketing Officer specializing in growth. He has been in the digital marketing industry since 2010 with a strong passion for search engine optimization and digital advertising. Leonard is responsible for the management of the company websites and online presence. He is an innovator and has a proven track record of successful digital strategies. Google+