Leveraging 1031 Exchange: Maximizing Gains from the Sale Proceeds of Personal Property and Business Real Estate

Leveraging 1031 Exchange: Maximizing Gains from the Sale Proceeds of Personal Property and Business Real Estate

The 1031 exchange, also known as a like-kind exchange or tax-deferred exchange, is a strategic tax planning tool that allows individuals and businesses to defer capital gains taxes on the sale of certain assets, such as personal property or business real estate. This...