In this podcast Jim Ens, Cindy Ortega and J.J. Henn discuss Section 1031 Exchanges, also referred to as deferred like-kind exchanges. Topics covered include what is a Section 1031 Exchange and when is it used, what is the benefit of using this sales vehicle, along with who is involved in this type of transaction and what are their responsibilities. Also discussed are things to consider when using a Section 1031 exchange including tax rate at sale versus tax rate at deferral, as well as timelines and restrictions related to this kind of transaction.