In typical transactions the owner is taxed at the time of the sale on the gain from the property. A 1031 exchange offers a way to defer taxes to a later date. You are essentially getting an interest free loan from the government  in the amount you would normally pay in taxes.

For more information on 1031 exchanges visit http://www.1031taxexchange.org/ 

Blake Venture Corp has assisted buyers and sellers in executing successful 1031 exchanges. If you have questions or require assistance please contact one of our agents.