IRS Section 1031 (Like-Kind Exchange)

Originally established as part of the Revenue Act of 1921, the law allows investors to exchange one investment property for another without incurring capital gains, or other related taxes. Despite changes over the years, the 1031 exchange process remains the same, to incentivize real estate investment and promote growth in the real estate market.
Like-Kind 1031 Exchange Graphic v3
Whether you are selling one property or several properties, a Section 1031 exchange can be a way to potentially grow your investment portfolio. If you are an accredited investor, you can invest in a 1031 exchange independently without a financial advisor, representative or brokerage firm.