1031 Exchange

A 1031 exchange is a swap of one business, or investment asset, for another with no tax or limited tax due at the time of the exchange. This type of exchange basically allows you to change the form of your investment without cashing out or recognizing a capital gain. By avoiding capital gains tax until you actually sell your asset, allows you to build a ‘tax deferred’ investment. There’s no limit on how many times or how frequently you can do a 1031.

Contact SanDiegoHomesForSale.com for more information.

San Diego Homes For Sale

Call or Text:
619-813-6602
877-724-SOLD