The attorneys at Azrael Franz Schwab Lipowitz, LLC discuss the details and benefits of 1031 real estate exchanges. A 1031 exchange, named for Internal Revenue Code Section 1031-C, allows an investor to defer capital gains taxes on the sale of a property by reinvesting those proceeds in another investment property.  The following is an explanation of some of the important terms and details of a 1031 exchange. 1031 exchanges are…