What is a 1031 Exchange?
Defined by Internal Revenue Code (IRC) section 1031, a 1031 Tax Deferred Exchange offers taxpayers one of the last great opportunities to build wealth and save taxes. By completing a 1031 Exchange, the Taxpayer ("Exchanger") can dispose of investment or business-use assets, acquire replacement property and defer the tax that would ordinarily be due upon the sale.
To read more, download the document on the right or contact us at 720.989.1031.