1031 Exchange for Real Estate Investments
- The 1031 Exchange for reinvesting capital gains
- Rules and considerations for 1031 Exchange
House Flipping and 1031 Exchange Eligibility
- Eligibility of house flips for 1031 exchange
Qualifying Properties and Limitations
- Types of properties that qualify for the 1031 exchange
Key Points to Remember
Now that you have a general understanding of the 1031 exchange and how it applies to flipping properties, make sure to remember these key points:
A 1031 exchange gets its name from Section 1031 of the U.S. Internal Revenue Code, which allows an investor to avoid paying capital gains taxes on the sale of an investment property, as long the proceeds are reinvested within certain time limits. This tax-saving mechanism works in a variety of ways as long as these rules are followed:
Restrictions and Considerations
- Properties not allowed in a 1031 exchange