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What are the benefits of doing a 1031 exchange versus just selling my property?

April 26, 2017Benefits doing Property Selling versus

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What are the benefits of doing a 1031 exchange versus just selling my property?

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The biggest advantage of a 1031 exchange is that 1031 exchanges provide one of the only techniques for the postponement (or potential elimination) taxes due on the sale of qualifying properties. This deferment of tax provides an investor with more money available to invest in another property.