What is 1031 Exchange? To put it simply, 1031 Exchange is an investment strategy that allows an investor to “defer” paying capital gains taxes on an investment property when it is sold, as long another “like-kind property” is purchased with the profit gained by the sale of the first property.
At SVN Imbrie, we can help you identify a commercial property for your exchange, and offer guidance throughout the entire process. Please take a few moments to answer the following questions and one of our advisors will reach out to you to assist you in the process.
If yes, when?
Estimated 1031 proceeds + additional cash
Estimated debt to be replaced