California 1031 Exchange Explained
California 1031 Exchange Explained
Internal Revenue Code provides that no gain or loss will be recognized on the exchange of any type of business use or investment
california rental property for any other business use or investment california rental property. This means that a
california 1031 exchange is a rollover of equity of like california rental properties, rather than an avoidance of tax and allows for the transaction to take place with full tax benefits attached. California 1031 Exchanges structured as
tenants in common provide california property owners a range of opportunities to meet personal investment objectives. This includes
california rental property type and geographic diversification, and, most importantly, the elimination of day-to-day
california rental property management obligations.
Contact us today if you are interested in rolling over a
california rental property investment through a california 1031 exchange. We can match you with a licensed broker who can manage your exchange.