Why a 1031 Exchange is a Wealth Building Tool! From Your Friends at Northwest Atlanta Properties Top 9 Reasons to 1031 Exchange *Consult your tax professional for your personal situation Consider two investments. Each was purchased for $200,000, held for 28 years and is fully depreciated. Each property is worth $800,000 today. Each net $3000 a month after taxes, management fees and insurance. Property #1 Owner decides to sell and pays the federal capital gains tax of 15% and is in a … [Read more...]