IRC Section 1033 is a section of the tax code which provides certain taxpayers a similar tax-deferral as real estate investor under Section 1031, but specifically for properties which are considered to have been part of an “involuntary conversion”.
1031Sponsors.com helps customers defer taxes and make better investment decisions. Most of our customers are in the process of selling or have sold investment real estate. They are looking for properties to strategically reinvest in, that will generate income while deferring their capital gains taxes under IRC 1031, also known as a 1031 Exchange.