How a 1031 Exchange Helps You Build Legacy Wealth

If you want to leave a lasting legacy, real estate is an excellent way to build wealth for your heirs. Your heirs will receive the properties you pass down, benefiting from any future appreciation.

If the property generates income, they can enjoy that as well. Real estate offers more than financial benefits. It can help build dynasty wealth effectively.

Investing in income-producing properties creates a reliable revenue stream to pass down through generations. This ensures long-term wealth for your family and strengthens your legacy.

How a 1031 Exchange Helps with Building Legacy Wealth

A 1031 Exchange is a way to defer paying capital gains taxes on the sale of property by reinvesting the proceeds from the sale into another “like-kind” property. If done correctly, a 1031 Exchange can provide significant tax benefits for investors.

These benefits also extend to your heirs. When you die, you can leave your properties and profits to them tax-free. They won’t need to pay back the deferred capital gains taxes from your 1031 Exchange. This allows your portfolio to grow without burdening your heirs with taxes.

Getting Assistance

If you have questions about the 1031 Exchange process in general or how to use these tax rules to create legacy wealth for your family and build legacy wealth, please contact us. Our Qualified Intermediaries are here to offer guidance and assistance to help you grow your portfolio with your future goals in mind. Simply call (888) 508-1901 to get started.