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Building Real Estate Wealth with 1031 Exchange

  • Writer: The Gill Group
    The Gill Group
  • Jul 15, 2024
  • 1 min read

Updated: Aug 30

Looking to grow your real estate portfolio while minimizing taxes? A 1031 Exchange might be the strategy you need.


A 1031 exchange allows real estate investors to defer paying capital gains taxes when selling an investment property, as long as the proceeds are reinvested into another like-kind property. Instead of paying a large tax bill now, you can reinvest those funds into a new property, giving your money more power to work for you.


At The Gill Group, we’ve seen firsthand how this strategy can accelerate wealth-building. For example, our own Kelly Goldstein recently helped a client sell his single-family investment home and reinvest through a 1031 exchange. Instead of losing equity to taxes, he was able to roll those gains into a commercial property, instantly expanding his portfolio without immediate tax consequences.


This approach is more than just tax deferral—it’s about leveraging your equity to scale your investments and build long-term real estate wealth.


▶️ Watch Kelly break down how a 1031 exchange works in the video below.



If you’re considering a 1031 exchange or exploring ways to build your real estate portfolio in Bergen County, or across Northern New Jersey, our team can guide you every step of the way.


📞 Call The Gill Group today at 201-888-2900 to discuss your investment goals and discover how we can help you maximize your opportunities.

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