Tax-deferred exchanges of investment real estate date back to 1921. Learn what has changed-and what remains the same-about 1031 exchanges.

Conducting a like-kind exchange of rental property is about more than saving a few bucks on your tax bill. For most taxpayers, the combined state and federal tax benefits can add up to several hundreds of thousands of dollars over multiple transactions.

Not all real estate can be exchanged under IRC Section 1031. Before you sell your property, be sure to learn which investments can be sold and bought in a 1031 exchange.

Completing a 1031 exchange transaction does not need to be complicated. But you cannot hope to comply with the rules if you don't take the time to learn them.

You can't un-ring a bell or put water back into a hose-but you can buy your replacement before you sell your relinquished property. Let us show you the most common method for completing a "reverse" exchange.