The 2017 tax overhaul changed the code drastically but this valuable tax break remains for real estate investors
1031 exchanges let taxpayers defer capital-gains taxes after selling an investment property, and they’re still in place despite massive overhauls to the tax code that happened last year.
Why is it important? Large and small investors alike – even those that have single-family properties, can defer capital gains taxes on the sale if the proceeds are reinvested in another business or investment property.
