BluePointe Realty
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1031 Exchange Overview

What is a 1031 Tax Exchange?

A 1031 Exchange, also referred to as a tax deferred exchange is comprised of simple strategies that involve selling one qualified property in exchange for purchasing another qualified property within a specified time frame, under the 1031 Exchange IRS guidelines.

The purpose of a 1031 Tax Exchange is to defer capital gains tax. Capital gains tax is a tax assessed on profits realized from the sale of a capital asset such as a stock, or real estate.

Why Consider a 1031 Exchange?

Any Real Estate property owner or Real Estate Investor, should consider an exchange if he/she expects to acquire a replacement "like kind" property subsequent to the sale of an existing investment property. A typical sale could necessitate the payment of a capital gain tax.

IRS Guidelines for a 1031 Exchange

For specific guidelines regarding the IRS Exchange, Click This Link to Be Directed to The IRS Website.

For More Information Regarding 1031 Exchanges, Please Contact Our Office Directly at Sales@BluePointeRealty.com.