Why should I do an exchange?
Quite simply, a 1031 exchange allows you to reinvest into new property without taking losses to taxes. If you intend to keep your money invested to allow for future growth, an exchange is an essential step in the process of moving from one investment property to another.
Everything has rules and steps, 1031 exchanges are no different.
Start with learning the basic rules, then follow the steps to a successful 1031 exchange.