Avoid Taxes LEGALLY (Types of Properties In a 1031 Exchange)

What kinds of properties qualify for the 1031 Exchange? ANY property held for productive use in a trade, business, OR for investment may be exchanged for like-kind property.

For real estate, like-kind property is widely defined as real property located in the United States and some of its territories. A single-family rental can be exchanged for a duplex, raw land for a shopping center, or an office building for apartments. Any combination will work.

Tune into our latest #1031FunFact with Tina Colson-Jones of Equity Advantage to walk through today's Exchange options!

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Disclaimer: All my opinions are my own. These statements are not meant to be taken as investment advice.