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Can You 1031 Exchange Into a REIT?

This question has become increasingly popular on our live chat as individuals invested in real estate age and look to transition into passive real estate investments without tax consequences. Given that a REIT is a trust that primarily invests in real estate, it seems like you should be able to do so. After all, a 1031 exchange requires a property owner to sell real estate and exchange it for real estate. So far so good, right? Well, it isn’t quite that simple, which we will cover in this article.


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Receiver Sells Apartments Behind Alleged Ponzi Scheme

A court-appointed receiver is unloading more South Side apartments linked to an alleged Ponzi scheme, making deals to sell 14 properties for nearly $17 million to several different investors, Crain’s

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