A 1031 Exchange is a powerful tax-deferment strategy used by some of the most financially successful investors to defer taxes when selling investment/commercial property. This effective strategy is also known as a “Starker Exchange,” named for the first tax case that allowed the exchange, or a “Like Kind Exchange,” referring to the type of change that occurs. This tax-efficient way of preserving capital that is invested in real estate is appropriately named a 1031 Exchange, after Section 1031 of … [Read more...] about 1031 Exchanges
