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Tax Exchange Package California  Form

Tax Exchange Package California Form

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Hey, guys. Toby Mathis here and today We're going to talk about 1031 exchanges. I'm going to dove right in and just kind of diagram do the 10,000 foot view and then break it down and then give you some examples of how it works. First thing to know is as we are sitting right now and this is 2022, the 1031 exchanges work on real estate that used to be you could do some business property and some other things that went away for a little bit. We'll see tax cut and jobs act might I believe that we're we're coming back in 2026 to possibly have those other uses but for right now we're only going to concentrate on real estate so for my purposes 1031 exchange right now is only for real estate. And here's how it works let's say that I purchase property and real estate any type of real estate it could be apartments it could be single families, duplexes, perplexes, even land. And I have real estate. And the reason I say real estate be

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