Mastering and Understanding the 1031 Exchange

By Aileen Torrens´╗┐, Real Estate Closings, Transactions, & Litigation Attorney. Many prospective investors/exchangers shy away from the 1031 Exchange, simply due to the lack of understanding of the confusing terms and conditions for entering into the exchange. However, the 1031 Exchange is certainly one of the most valuable and under-utilized tax breaks currently out there for investors. By understanding the following basic concepts and utilizing a team of professionals to guide you along the way, you may find yourself entering into the 1031 Exchange world.