Explaining 1031 Exchanges to Non-Professionals

In an article for Kiplinger, JTC’s Jill Jones shows property owners how it’s possible to unlock trapped equity by exchanging into high-value properties.

As a Qualified Intermediary, JTC has helped large corporations and Delaware Statutory Trusts (DSTs) execute dozens or even hundreds of Section 1031 like-kind exchanges. The mistake many individual investors make is thinking this strategy is only for big companies or investment managers. 1031 exchanges can help anyone who owns property held for business or investment use, including short-term rentals, retail stores, or even farmland.

JTC Head of Specialty Administration and General Counsel USA, Jill Jones, has written a new piece for Kiplinger that explains how everyday property owners can take advantage of the tax deferral benefits of Section 1031. In “1031 Exchanges Aren’t Just for Big Real Estate Deals: An Expert’s Playbook for Regular Property Owners,” she goes through important concepts like the 1031 exchange timeline and points out some of the most common pitfalls that can threaten the success of an exchange.

By better understanding how 1031 exchanges work and the benefits they provide, property owners looking to build wealth for their families can utilize one of the most beneficial parts of the Internal Revenue Code. Even if you’re not a big player in the world of real estate, a 1031 exchange strategy could help you achieve your investing goals.

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