Society of Exchange Counselors

The concept of “1031 Exchange” is basically a means by which owners of business and investment Real Estate can sell their property and buy “like kind” property without paying the Capital Gains Tax.

These transactions, which are known as “deferred exchanges” or “1031 exchanges”, allow investors to continue his investment in another property without losing investment equity to taxes.

For more information, please check out our resources — Why Exchanges and 1031 Exchange FAQs — or visit the IRS website.