Traditionally, this strategy is used for investment properties like rental units, commercial buildings, or undeveloped land, enabling investors to build wealth and …
A 1031 Exchange is a powerful tool in real estate investment, allowing investors to defer capital gains taxes when selling an investment property by reinvesting the proceeds into a similar, or “like-kind,” property. Traditionally, this strategy is used for investment properties like rental units, commercial buildings, or undeveloped land, enabling investors to build wealth and …