The 1031 Exchange
Section 1031 of the Internal Revenue Code provides a strategy for deferring capital gains tax that may arise from the sale of a business or investment property. By exchanging an income-producing property for like-kind real estate, real property owners may defer taxes while implementing a sound estate planning tactic.
The 721 Exchange
A 721 exchange allows for the non-recognition of gains when assets are contributed to a partnership in exchange for partnership interests. Leveraging an UPREIT transaction, property owners may defer capital gains tax until partnership interests are redeemed for REIT shares or cash.
Qualified Opportunity Zones
The Qualified Opportunity Zone (QOZ) program was created to revitalize economically distressed communities using private investments rather than taxpayer dollars. In return, participating investors may receive significant tax benefits subject to the satisfaction of certain conditions.
