A 1031 exchange lets you sell an investment property and defer capital gains tax by rolling proceeds into a new like-kind investment property — a powerful tool for compounding real estate wealth.
The rules are strict: 45 days to identify replacement properties, 180 days to close, qualified intermediary required, and you can’t touch the proceeds in between. Miss the timeline and you owe every dollar of gain.
For KC investors sitting on strong appreciation from 2015–2020 basis, 1031-ing into larger multi-family or a small commercial building is often the highest-leverage move available. Happy to walk through the specifics for your situation.