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1031 Tax-Deferred Exchanges: Smart Investing and Tax Benefits
Maximize Your Investment with a 1031 Exchange at Borders & Borders, PLC
Defer capital gains taxes when reinvesting in real estate
Ensure full compliance with IRS regulations
Seamless guidance from experienced real estate attorneys
Understanding 1031 Tax-Deferred Exchanges
A 1031 Tax-Deferred Exchange is a powerful tool for real estate investors looking to grow their portfolios while deferring capital gains taxes. By reinvesting proceeds from the sale of one investment property into another, you can take full advantage of the tax code to maximize your financial opportunities.
At Borders & Borders, we assist in guiding clients through this complex process. From structuring your exchange to ensuring compliance with IRS regulations, we handle every detail so you can focus on expanding your investments with confidence. Let us help you navigate this tax-saving strategy with ease.
Contact Borders & Borders, PLC Today To Get Started On Your 1031 Tax Deferred Exchanges!
call Call Today: (502) 894-9200
Frequently Asked Questions About 1031 Tax-Deferred Exchanges
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A 1031 exchange allows real estate investors to defer capital gains taxes by reinvesting proceeds from a sold property into a similar investment property.
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Both residential and commercial investment properties qualify, but they must be "like-kind," meaning they serve the same investment purpose.
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You must identify a replacement property within 45 days of selling your original property and complete the purchase within 180 days.
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No, 1031 exchanges apply only to investment or business properties, not primary residences.
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While not legally required, working with an experienced attorney ensures compliance with IRS rules and protects your investment.