A 1031 Exchange is a powerful tool that allows real estate investors to defer capital gains taxes when selling a property, provided the proceeds are reinvested in like-kind property.
A 1031 Exchange is a powerful tool that allows real estate investors to defer capital gains taxes when selling a property, provided the proceeds are reinvested in like-kind property. Understanding the state-specific considerations is crucial, especially in California, where high real estate values and complex tax regulations can significantly impact the exchange process.  This article …