1031 Exchanges: The Ultimate Guide [INFOGRAPHIC]

In a 1031 Exchange, money from the sale of an investment property can be put towards another “like-kind” property. This means that an investor can exchange a commercial property for another, or a residential rental property for a commercial property. But, be careful! This deal is time-sensitive. You only have forty-five days to identify possible replacement properties, and one hundred and eighty days to close escrow on the actual replacement property. (The IRS is very strict about this timeline.)

1031 Exchanges

Infographic via dailyinfographic.com

Source: 1031 Gateway



About the Author

Sheeraz Raza
Sheeraz is our COO (Chief - Operations), his primary duty is curating and editing of ValueWalk. He is main reason behind the rapid growth of the business. Sheeraz previously ran a taxation firm. He is an expert in technology, he has over 5.5 years of design, development and roll-out experience for SEO and SEM. - Email: sraza(at)valuewalk.com