Remove cpas Remove Delaware Remove small business accounting Remove Tax
article thumbnail

1031 Exchange Explained: How to Pay Zero Tax on Real Estate Gains

LyfeAccounting

The 1031 exchange specifically comes from Section 1031 in the Internal Revenue Code, and it allows real estate investors to defer paying taxes on real estate gains. This means, you can avoid the biggest expense of them all, which are taxes, and instead use that money to reinvest and make even more money. Example of a 1031 Exchange.