Should I do a 1031 Exchange in 2018?

1031 Exchange in 2018

Section 1031 of the Internal Revenue Code has been around for many decades and taxpayers have been availing themselves of the benefits of the 1031 exchange for just as long. But with the recent tax law, many people want to know if 2018 is a good year to conduct a 1031 exchange. In this article, we’re going to discuss whether or not it’s a good time to do a 1031 real estate exchange in 2018.

Conducting a 1031 Exchange in 2018

Whether or not you should do a 1031 exchange is heavily dependent on your particular situation, property, and goals. It’s always a good idea to discuss the potential of exchanging your property with a qualified intermediary to determine if you are a good candidate.

That being said, 2018 is a great year to conduct a 1031 exchange! The new tax law that went into effect earlier this month preserves the like-kind exchange. Some taxpayers were worried that the new bill would eliminate the 1031 exchange. Thankfully, that did not happen. As a result, investors big and small can continue to reap the benefits of the 1031 exchange when selling real estate.

Like-Kind Real Estate Exchange Company

If you’re thinking of selling real estate, but are concerned about the capital gains taxes of the sale, a 1031 exchange may be the best option for you! By moving all of your net proceeds into a new replacement property, a like-kind exchange allows you to defer your capital gains taxes and keep your money compounding and building over time. At Commercial Partners Exchange Company, our qualified intermediaries have been assisting clients with like-kind exchanges for decades. Contact us today to see if a 1031 exchange is right for you!

  • 1031 Hotline: If you have questions about 1031 exchanges in 2018, feel free to call me at 612-643-1031.

Defer the tax. Maximize your gain.


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