Seller Financing 1031 Exchange

Seller Financing 1031 Exchange strategy can result in a no-cash-required upgrade of your real estate investment property. Section 1031 of the Internal Revenue Code (IRC) permits you to sell your investment property, called Relinquished Property, and defer taxes on your capital gains and depreciation recapture if you purchase another investment property, called Replacement Property. But the primary 1031 Exchange Rule requires that when you do that, the Fair Market Value of the...

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