Yes, 1031 exchanges are still allowed in Charleston! Depending who is in charge of the government, eliminating the benefits of the 1031 exchange seem surface in tax reform discussions from time to time. But for now, the 1031 is safe…
Is Doing a 1031 Exchange Really Worth It? For most Charleston investors, the answer is a resounding yes. A 1031 exchange is often worth it because it allows you to defer capital gains taxes when selling an investment property, keeping…
How does a 1031 exchange work when selling property in Charleston, South Carolina? A 1031 exchange in Charleston allows you to defer capital gains taxes when selling an investment property, as long as you reinvest the proceeds into another qualifying…