IRS tax code section 1031 allows for owners of income property to defer the tax they would pay when selling the property, by rolling the proceeds into another income real estate purchase. Pretty sweet. The rule has been around since 1921 and is widely underutilized.

Kandyce Meyers from IPX 1031 Exchange Service, Inc. has been a 1031 exchange intermediary for 22 years. I chatted with her about this unique IRS rule. If you have investor clients, be sure they know about this IRS perk and send them this episode.

Kandas can be reached at 775-721-4190.

Contact Info:

Shauna Ganes [email protected] www.shaunaganes.com www.facebook.com/doitandbegladyoudid