Does the 1031 law apply for foreign investors?

Question

Does the 1031 law apply for foreign investors? Thanks!

Dave Foster · Answer

Yes @Samuel Chua foreign investors can do 1031 exchanges to defer tax. In fact 1031 can be more important for a foreign investor because when the foreign investor does a 1031 exchange they are also exempted from the 15% FIRPTA withholding requirement. There are some specific requirements in order for you to use the 1031 successfully but it is available to you.

Does the 1031 law apply for foreign investors?

1 Reply