What is a Section 1031 Exchange?

A commercial real estate investor holds a tablet showing buildings with increasing heights and an increasing arrow.

Commercial real estate investors are always looking for new opportunities. Buying and selling commercial properties comes with a huge tax hit unless you’re making a like-kind exchange. Under Section 1031 of the Internal Revenue Code, like-kind commercial real estate exchanges are tax-deferred—letting investors build wealth over time.  Like-kind exchanges have been in the tax code … Read more