1031 EXCHANGES
In real estate, a 1031 Exchange is the swap of one investment property for another. Although most swaps are taxable, with a 1031 Exchange you'll either have no tax or limited tax due at the time of the exchange - ideally, at the long-term capital gains tax rate of 15%.
The agents at Midwest Title & Escrow understand Section 1031 and can assist you in filing, or you can file for a 1031 Exchange online here.
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