As an investor in real estate, you may be able to take advantage of IRS Section 1031. A 1031 exchange is also referred to as a Like-Kind exchange because it is a swap of one investment property for another for tax purposes.
In this video, SVA's Chris Fearn will answer the following questions and much more:
- The Top 5 Things you should know about Section 1031
- What are the downsides?
- What reporting is necessary?
- Can residential properties be included?
- What tax legislation affects Section 1031?
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