How the Like-Kind Exchange Works for Real Estate Investors in 2026

Lucas and Luna unpack Section 1031 of the Internal Revenue Code — the like-kind exchange — which lets real estate investors defer capital gains taxes when swapping one investment property for another. They explain the strict timeline (45 days to identify, 180 days to close), the 'boot' trap that triggers immediate tax on cash or mortgage relief, and the recent tightening of rules for personal property. Using a concrete example of a landlord trading a duplex for a fourplex, they show how deferring taxes compounds wealth over decades. They also cover the 2026 landscape: no more exchanges for art, vehicles, or equipment; real estate only. A must-listen for any property investor considering a 1031 exchange this year. #Section1031 #LikeKindExchange #RealEstateInvesting #CapitalGainsDeferral #TaxDeferral #PropertySwap #BootTax #1031ExchangeTimeline #QualifiedIntermediary #InvestmentProperty #TaxStrategy #Finance #FexingoBusiness #BusinessPodcast #RealEstateTax #IRS #WealthBuilding #DeferredTax Keep every episode free: buymeacoffee.com/fexingo