Master the rules of a 1031 Exchange to defer capital gains taxes on real estate investments. From understanding like-kind property requirements to the 45-day identification and 180-day purchase deadlines, this guide covers key steps, reinvestment rules, and boot considerations. Learn how using a Qualified Intermediary ensures compliance and consult a tax advisor to customize your strategy.

Explore 1031 Exchange strategies for investors holding a seller-financed note. Discover tax implications for excluding vs. including the note, with options like using it as part of the purchase price, replacing it with cash, selling on the secondary market, or paying it off before closing on replacement property. Consult a tax advisor to determine the best approach to maximize your tax benefits.