At Excel 1031, we specialize in helping real estate investors leverage the benefits of 1031 exchanges to grow their portfolios while deferring capital gains taxes. A 1031 exchange, under Section 1031 of the IRS code, allows you to sell an investment property and reinvest the proceeds into another “like-kind” property, deferring taxes on the sale. Let’s take a closer look at the five different types of 1031 exchanges and how they work.
With a 1031, you can choose the investment strategy that best suits your goals and plans. Thus, several 1031 exchange types offer different scenarios for the development of the process. You can choose the most convenient for you, and we will help cover all the questions.
With this approach, you sell your property first.
Everything is simple: you sell your property and buy a new one.
You buy the new property first and then sell the old.
This option lets you use the sale proceeds to improve the new property.
It is a mix of reverse and improvement exchanges
