Kiah Treece is a former attorney, small business owner and personal finance coach with extensive experience in real estate and financing. Her focus is on demystifying debt to help consumers and ...
Selling real estate for more than you paid for it is a good thing, but depending on the amount of your profit, it could trigger a tax liability known as the capital gain tax. However, there are some ...
A 1031 exchange, named after Section 1031 of the U.S. Internal Revenue Code, is a strategic tool for deferring tax on capital gains. You can leverage it to sell an investment property and reinvest the ...
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What Is a 1031 Exchange? Know the Rules
How savvy investors use 1031s to defer capital gains and build wealth Fact checked by Marcus Reeves A 1031 exchange is a swap of one real estate investment property for another that allows capital ...
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