The short version: It’s a way to “exchange” property while deferring capital gains taxes. Internal Revenue Code §1031 allows you to defer capital gains tax when you sell one piece of profit-making real estate and use the proceeds to purchase other profit-making real estate. 1031 exchanges follow strict and complicated IRS rules. The Visintainer Group can put together the necessary experienced professionals (accountants, intermediaries and attorneys) required to safely take advantage of this beneficial tax code. The Visintainer Group also locates exchange properties for clients anywhere in the country.