Explaining The 1031 Exchange With Bill Exeter

Next year will mark the 100th anniversary of the 1031 Exchange.

Designed to encourage investors to remain fully-invested in real estate, the strategy allows a taxpayer to a swap one investment property for another in a way that allows capital gains taxes to be deferred. Throughout the years, even in times of crisis, this trusty instrument has helped keep liquidity in the market and allowed people to reposition or repurpose. Now that we are all trying our best to navigate this unprecedented crisis, losing the 1031 Exchange would be a big blow to investors and the whole real estate market in general. In this episode, Exeter Trust CEO, Bill Exeter joins Chris Larsen to discuss what exactly a 1031 Exchange is, who can use it and how the next administration may affect future options.

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