Monday, March 19, 2012

How to Use a 1031 Tax Deferred Exchange to Get Rich

There are many ways you can get rich investing in real estate, and using the IRS and their 1031 Tax-Deferred Exchange tax strategy is one great way.

By using the 1031 you will not have to pay taxes on capital gains (they are deferred) on your real estate as you would instead swap out to another like-kind property. It is a great way to move up to a higher-valued property and get more cash flow!

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