IPX 1031, Investment Property Exchange Services, Inc, reports that tax deferred exchanges remain at an all-time high and and the trend is expected to continue in 2015. This growth is fueled by rising real estate values, higher tax rates and lower interest rates. Citing the recent threat of elimination or limitation of 1031 Exchanges in last year’s tax reform proposals, IPX 1031 believes that many investors are motivated to take advantage of their tax deferral opportunities now.
According to the report, “2015 promises to be another strong year for 1031 Exchanges as investors and owners seek ways to defer their taxes. Section 1031 of the tax code allows real estate investors to sell a property, defer the tax, and reinvest the proceeds into a replacement investment. Tax deferred exchanges are a popular investment tool which greatly enhances purchasing power and encourages taxpayers to continually invest in real estate.”
For more information, visit the IPX 1031 website.