Know More About… 1033 Exchanges
The 1033 Exchange name comes from Internal Revenue Code Section 1033, and it is a recently-developed investment option. It enables you to defer capital gains tax and depreciation recapture when a property you own or sell is condemned for various reasons, such as eminent domain. Our Fortitude Investments program is designed to help you invest your proceeds to help improve your capital gains tax position. Our Capital Gains Tax Calculator can help you get an idea of your liability.