When selling an investment property capital gains can make a big dent in your net proceeds. A 1031 exchange allows you to defer the tax and use the whole capital gain to re-invest in another property or properties giving you much more buying power. With increase capital to utilize you can invest in more properties or more valuable property investment.
1031 Exchanges are a great way to build your property portfolio.
Here are some useful guides to educate and assist you on 1031 exchanges.
For more information please call me and I will be happy to assist.