1031 Exchange refers to the IRS code, section 1031. This is just a section of Internal Revenue Service code, but the name has stuck with real estate exchanges and become synonymous with them. Today, completing a 1031 tax deferred exchange can be as easy or as complicated as you would like to make it. The IRS provides all United States real estate investors and income property owners the ability to let their equity in income producing real estate grow tax free until the day comes when you sell the property (properties) outright or, you die.
American Title & Escrow along with our partner company American Exchange Corp. Can assist you with all your 1031 Exchange needs. Contact your closest branch for more information.