There are several ways you can exchange your property in 1031 exchange process. Each method will help you defer capital gains taxes. You might have heard about simultaneous exchange and delayed exchange. So, what exactly is the difference between them? Simultaneous exchange It is the oldest form of exchange. The properties are swapped directly among […]
The benefits of delayed 1031 exchange
When we talk about 1031 exchanges, we are generally talking about the delayed exchange. Its in a delayed exchange that you need a QI and you get some time to find the replacement property. Lets have a look at the benefits of this exchange type. After selling your existing property, you get enough time to […]