A 1031 Exchange allows investors to defer taxes on the profits they receive from the sale of a property.  Governed by Section 1031, a 1031 Exchange does not provide a means of evading taxes, but it allows investors to reinvest their real estate profits into another property and thereby defer the taxes on those profits until a later date.  There are several different types of 1031 Exchanges:

    • Build-to-Suite Exchanges
    • Reverse Exchanges
    • Simultaneous Exchanges
    • Delayed Exchanges
    • Personal Property Exchanges

Florida Pros can help facilitate all these types of exchanges, ensuring that the legal requirements are met to defer taxes.