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1031 Exchange for California Sellers, Explained Plainly

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A 1031 exchange lets you sell investment real estate and defer the capital gains tax and depreciation recapture by rolling the proceeds into another investment property. In this episode we break the whole thing down from the seller's side, both ends of the deal, in plain kitchen-table language.

Quick disclaimer first. I am not a CPA or a tax attorney. I am a licensed Santa Clarita real estate agent and this is general education, not tax advice. A 1031 has hard deadlines and strict rules, so hire a qualified intermediary before you close and run…

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