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Real Estate Glossary

Contract 1031 Exchange

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Written by Luis Escobar

This refers to the tax delayed exchange in the buyer’s ownership of a sales contract on a real estate site for a different property. It can also be for a option or contract on different real estate. It is a 1031 exchange of an open option to purchase as compared to a 1031 exchange of the intrinsic real estate itself.

This refers to the tax delayed exchange in the buyer’s ownership of a sales contract on a real estate site for a different property. It can also be for a option or contract on different real estate. It is a 1031 exchange of an open option to purchase as compared to a 1031 exchange of the intrinsic real estate itself.

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Luis Escobar

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