The 1031 Exchange is a powerful wealth building strategy available to property owners.
The IRS Code 1031 allows property owners to defer paying capital gains taxes and depreciation recapture when they sell an investment property and buy another investment property of 'like kind' through an exchange transaction. Thus, real estate purchasers can buy the property they want and build their wealth faster by utilizing the exchange strategy because they have more money to rollover.

This process may seem daunting at first. There are certain requirements and sensitive
timelines that absolutely must be followed in order to successfully complete a 1031 Exchange. It is important to consult with your legal counsel, tax advisor, and Real Estate 1031 Exchange prior to beginning the process each and every time.