Using a 1031 Tax-Deferred Exchange, a seller is able to defer taxes by rolling gains into the purchase of another like-kind property.  Most commonly, real estate is sold and the proceeds are used to purchase a different piece of real estate. As a result, the gain that would otherwise be recognized from the sale of the original property can be deferred indefinitely.

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Please consult your tax advisor to discuss your specific situation, but if you're ready to talk about utilizing a 1031, give us a call today!