What is a 1031 Exchange?
A 1031 exchange is a common way for real estate investors to defer capital gains taxes on the sale of an investment property. But this provision isn’t just for professional investors. It can provide powerful benefits to any owner of appreciated real estate, including potential tax-deferred growth, more straightforward estate planning and the ability to “exchange up” into higher-value properties. With these benefits, however, comes the responsibility of managing assets. One turnkey solution, a Delaware Statutory Trust, can provide those benefits within a passive ownership structure.