Description:The nerve wracking part of a 1031 Exchange is the limited time period to identify and close on an exchange property. If you don’t do this within the stated timeline, you have to pay capital gains tax. If you think this sounds stressful, think again.
Stephen Decker, Senior Vice President, Western Region Sales Manager at IPX1031, gives his expert tips on how to identify and close on properties well within the timeline to avoid the capital gains tax. If you’ve thought about a 1031 Exchange for your investment property, these tips will help you pull it off with ease.
🎙️Listen as Kenny & Krystle talk to Stephen to learn more about 1031 Exchanges!