Real estate
from24/7 Wall St.
14 hours agoThe 1031 Exchange Exit Ramp That Lets a Retiring Landlord Defer $720,000 of Capital Gains and Consolidate Three Rentals Into One Replacement Property
A properly structured 1031 exchange defers federal capital gains and depreciation recapture taxes from rental property sales until replacement property is disposed of or until stepped-up basis at death.