If you own real estate and want your kids or grandkids to benefit from it, you need more than a good property. You need a smart plan. That’s where a 1031 exchange might come in handy.
A 1031 commercial exchange lets you sell one investment property and buy another without paying taxes on the capital gains - at least for now. This strategy may help you grow your wealth, pass it on, and keep more of it in the family.