REJ | Popularity of 1031 ExchangesSurges With Market Decline
Popularity of 1031 ExchangesSurges With Market Decline
By Tara Siegel Bernard From The Wall Street Journal Online
Investors who want to cash in their chips on real estate bought as an investment -- but defer the tax bill, in some cases forever -- can do so by trading into another piece of property.
This strategy isn't new, but it's enjoying a resurgence in popularity now because many investors believe that real-estate values have peaked in some markets. They want to lock in their gains and shift into other holdings without a big payment to Uncle Sam.
By Tara Siegel Bernard From The Wall Street Journal Online
Investors who want to cash in their chips on real estate bought as an investment -- but defer the tax bill, in some cases forever -- can do so by trading into another piece of property.
This strategy isn't new, but it's enjoying a resurgence in popularity now because many investors believe that real-estate values have peaked in some markets. They want to lock in their gains and shift into other holdings without a big payment to Uncle Sam.
posted by Patrick Leblanc at 1:21 PM
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