Absorption

The rate at which available properties in a specific market are leased or sold over a given period.

What is a 1031 exchange in real estate?

A 1031 exchange, named after Section 1031 of the U.S. Internal Revenue Code, allows investors to defer capital gains taxes on the exchange of like-kind properties. The process involves selling a property, identifying a like-kind property within 45 days, and completing the purchase within 180 days. This strategy is used by real estate investors to … Read more