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1031 Exchanges with Kandas Myer

05/09/2019


Kandas Myer is the local representative of IPX 1031, who has locations and agents all across the country. IPX can help with Reverse & Improvement Exchanges, as well as 1031 Exchanges as well.


Not everyone knows what a 1031 Exchange is. Simply put, a 1031 Exchange is a method of selling one property, and purchasing of another property during a certain amount of time. It isn't a sale so much, as it is an exchange of properties. A regular property sale is taxable by the IRS, and a 1031 Exchange is not.

The name comes from the Internal Revenue Code section 1031, which covers this process.


Visit Kandas Myer and IPX 1031 here.


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