Dive into the 5 key rules of a 1031 exchange in this video. Learn how this tax strategy benefits real estate investors, from understanding net selling prices to utilizing a qualified intermediary, plus much more! Check out this link to learn more: https://getequity1031.com/
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0:00 Intro
0:06 Understanding what a 1031 Exchange Is
0:30 Rule 1: Net Selling Price explained
1:57 Rule 2: Qualifying properties for exchanges
2:30 Rule 3: The importance of using a Qualified Intermediary
3:30 Rule 4: The 45Day Identification Rule
4:40 Rule 5: The 180Day Closing Requirement
5:30 Special Case: Reverse 1031 Exchanges