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Kiplinger
Kiplinger
Business
Daniel Goodwin

1031 Exchanges: A Matter of Life and Death?

An apartment building in New York City.

In one of his most-cited quotations, Benjamin Franklin once observed that life offered us only two certainties: death and taxes. As of this writing, of course, Father Time remains undefeated, and the inevitability of death is still the bond that unites us all.

But the most knowledgeable real estate investors share a delightful secret about taxes, as they are often forced by circumstances to sell one property in pursuit of an even bigger and better opportunity.

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