![Smartly dressed investor holding 1031 Exchange sign. A newly renovated home is in the background.](https://newfundingresources.com/wp-content/uploads/2024/07/Smartly-dressed-real-estate-investor-holding-1031-exchange-sign-1024x701.jpg)
As a real estate investor, you work for months, getting up early, working on weekends and holidays, and taking all sorts of calls after hours. Not only you don’t get paid, but also spend a wazoo of your own money with the hope that one day you will make a profit. And when that day comes, guess who is knocking on your door? It’s Uncle Sam, and he wants his share. This is why every rehabber owes it to themselves and their families to know how to reduce their taxes. Reducing taxes directly increases the net return on investment. One of the best ways to do this is a 1031 exchange.