1031 Exchange information site
April 30th, 2009
Just found this site about 1031 exchanges. I have been looking into the specifics about what is involved with these real estate transactions and have been very interested. I think this is the way to go. I do have a few investment properties so the tax savings will be significant.
I think that even with the economic downturn many people would be able to take advantage of this process where taxes are significantly reduced in both the short term and long term. Any serious real estate investor should look fully into the ramificaitons of a 1031 exchange and how it might work with tenant in common situations as the benefits could be substantial.
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