š 1031 Exchange Basics for Beginners š§¾ | How New Investors Can Defer Capital Gains
š 1031 Exchange Basics for New Investors: Build Wealth & Defer Taxes If you're stepping into the world of commercial real estate investing, chances are you've heard the term 1031 exchange. But what exactly is itāand how can it help you build long-term wealth? A 1031 exchange allows you to sell an investment property and reinvest the proceeds into a "like-kind" property without immediately paying capital gains taxes. This powerful tool can be a game-changer for new investors looking to grow their portfolio efficiently.