What is a 1031 Exchange, Real Estate Exchange - Qualified Intermediary
1031exchangprop27 Aug, 2019Real Estate
1031 Exchange allows real estate investors to defer paying capital gains & potentially build wealth through real estate investing. Learn more with us.The most widely recognized type of 1031 Exchange is utilized for real estate, likely because of the expansive definition of what is considered �like-kind� for Real Estate Exchanges. Under this, any U.S. real estate property held by the client for productive use in a business or trade, or investment can be exchanged for any �like-kind� property, regardless of the grade or quality.
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