Written by attorney Devin Randall Lucas

The 1031 Exchange - An Overview

There may be no better tax incentive for investment real estate than the 1031 Exchange. Named in reference to section 1031 of the Internal Revenue Code, the “1031 Exchange” allows an income tax free (or tax deferred, see below) exchange of investment real estate with wide latitude.

Additional resources provided by the author

Sources: IRS Publication, IR-2018-94, “Inflation Adjustments Under Recently Enacted Tax Law”“ Internal Revenue Code section 1031 Investment Property Exchange Services, Inc., Asset Preservation Incorporated,

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