What is a 1031 exchange and how does it work?

… when you sell an apartment in New York City you need to pay taxes If its an investment property rather than your … it again with updated information for February 2023 … How to know if a 1031 exchange will work for you … The 1031 … benefit of stepping up the cost basis of the property to current market value thereby reducing the gain and tax that is …

By Emily Myers |February 6, 2023 - 9:30AM