Named after Section 1031 of the Internal Revenue Code, 1031 Exchanges allow a property owner to sell one property and reinvest the funds in a new one. This extends the date on which capital gains taxes are due. Taxes are instead paid when the new property, or one at the end of a line of exchanges, is eventually sold. These are also referred to as like-kind exchanges.
With benefits for the economy, local communities, and the public interest, the 1031 Exchange tax policy is a valuable resource for millions of individuals and families looking to achieve their dreams.
We must protect the future of this important real estate tax structure.
Hamilton Zanze is excited to share our latest whitepaper, produced with research from CBRE Strategic Investment Consulting (CSIC), where we examine 10 of the ways Section 1031 like-kind exchanges benefit everyone from renters to small business owners and the economy as a whole.
We partnered with CSIC to help dispel the attitudes about 1031 exchange tax incentives stemming from myths about “real estate moguls” and “big corporations” being the only beneficiaries. We delve into 10 of the ways 1031 exchanges open up opportunities for a multitude of investors, owners, and renters, and stimulate economic growth at times when it is most needed.
Download the full whitepaper to learn more.