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Like Kind Exchange Explained

The internal revenue code or like kind exchange is an effective tax deferral strategy available to taxpayers. This code allows for a rollover of equity of like rental real estate, through a like kind exchange, to take place without requiring the payment of capital gains taxes on the initial investment. More importantly, completing a like kind exchange with a tenants in common interest ownership in a rental real estate allows real estate owners not only to defer their capital gains taxes, but also to upgrade their rental real estate investment into larger, institutional-grade rental real estate.

If you recently sold an investment rental real estate or you're considering selling, we can match you with a like kind advisor that can help you explore your like kind exchange options. Contact us today for a free consultation.