Looking to sell an investment property without triggering a massive tax bill? In this episode of pplpod, we break down Internal Revenue Code Section 1031, a powerful tool that allows investors to defer capital gains taxes by exchanging one property for another of "like-kind". We explore how this strategy creates a continuity of investment, potentially allowing property owners to defer taxes indefinitely—or even eliminate them through estate planning.

Tune in as we explain the critical rules and strict timelines that define a successful exchange, including:

• The "Like-Kind" Rule: Why this benefit applies exclusively to real property following the 2017 tax law changes, and what actually qualifies as real estate.

• The "Starker" Timelines: The non-negotiable deadlines where invest ...