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1031 Exchanges

Section 1031 of the Tax Code provides owners of investment property to sell and defer capital gains taxes by exchanging the proceeds, through a Qualified Intermediary, for an investment in another like-kind property. In addition to substantial tax benefits, this strategy often allows investors to better leverage their existing equity. Similarly, this strategy allows investors to alleviate management intensity by trading into other classes of like-kind property such as triple net leases or land investments.

Essex has completed many tax-deferred exchanges on behalf of our clients. As a result, we understand the nuances and strategies that are critical in successfully completing these transactions.








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Contact Information

Essex Realty Group, Inc.

500 Skokie Blvd.
Suite 600
Northbrook, IL 60062

ph: 847-501-4555
fax: 847-480-4618
info@essexrealtygroup.com

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