What is a 1031 "Like-Kind" exchange?

Transfer Title ExchangeSection 1031 of the tax code provides one of the best strategies for the deferral of capital gain taxes which would ordinarily arise from the sale of investment property. Exchanging defers the realization of the capital gain tax, leaving the property owner with substantially more proceeds to reinvest in a replacement property.

To learn more about exchanges visit Transfer Exchange, Inc.