Using an IRS 1031 exchange can be an effective strategy to defer capital gains on a property.

I have a lot of detailed information on my website , http://www.palmbeachrealestatesource.com/irs-1031-exchange?acnt=AR428633,  you can learn more about the details by visiting this site and The most recent IRS publications.

 

The purpose of this blog is to alert you to one fact. You can not touch the money between transactions. You must use a third party facilitator.

Some time it is more effective to use other strategies.  So it pays to do your home work and investigate what works best for you. I am not an accountant nor a lawyer .