MICHIGAN 1031

1031 exchanges are a powerful tax-saving tool within the internal revenue code. These exchanges are available to all taxpayers within the United States. Contact our Michigan 1031 exchange professionals today to see how a 1031 exchange can benefit you -877... The 1031 exchange is a vehicle which exists within the Internal Revenue Code that allows taxpayers to defer the capital gains taxes on the sale of real property. Rather than receive your sales proceeds and pay the required taxes, a 1031 exchange allows you to move all of those net proceeds over into a replacement property and defer the taxes.