Log Out

1031 Exchanges May Help Real Estate Investors Transition to a Less Active Role

April 5, 2019

For many real estate investors, there comes a point in their lives where they no longer want to be bothered with the headaches that come with actively managing their properties. However, they also don’t want to give up the income stream and tax benefits they have enjoyed because of these investments. So what should they do? While some of these investors have probably used a 1031 property exchange to defer taxes while readjusting their holdings previously, many may not realize this section of the tax code can also be used to help them go from being an active real estate investor to a less-involved real estate owner. Read more at CPA Practice Advisor.