In a recent article developed in partnership with Bisnow Cincinnati, Steve Wolterman, Esq.—president and owner of 1031 Federal Exchange—discusses how 1031 exchanges can support long-term wealth building while reducing immediate tax liabilities. More real estate investors are turning to 1031 exchanges as a strategic way to grow their portfolios and defer capital gains taxes. Under[…] Read More
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Can I Use My 1031 Exchange Fund to Improve My Property?
A 1031 exchange, often referred to as a “like-kind exchange,” is a tax strategy that allows investors to defer paying capital gains taxes on an investment property when it is sold, as long as the proceeds are reinvested into a new property of equal or greater value. This can be a valuable tool for real[…] Read More