1031 Exchange Explained: What Is It & Should You Use One?

A 1031 exchange is a way to postpone capital gains tax on the sale of a business or investment property by using the proceeds to buy a similar ("like-kind") property. If you’re thinking of selling a piece of property that could result in a big profit (and a big tax bill), a 1031 exchange could be a useful strategy. Dive into this episode with us to find out what you need to know and how to get started!

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