When a business or investment property is sold and there is a gain, typically you are required to pay tax on the gain at the time of the sale. A 1031 Exchange allows you to defer the taxes provided you reinvest the proceeds in a similar property as a “like-kind” exchange. The class recordings below cover the in’s and out’s of these types of transactions and we highly recommend you check them out.
The following is the recording of the live class that Brian taught on June 12, 2019 for NCREIG.
This class was taught on May 31, 2017.
For more information about 1031 Exchanges check out the The Ultimate Guide to 1031 Exchanges on the Real Estate Financial Planner™ website.
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