Tax basis plays a major role in determining the true financial impact of selling or exchanging investment property. This on-demand webinar walks through the taxes investors face in a sale versus a 1031 exchange and explains how exchanges can help increase long-term rates of return. Northern 1031 Exchange covers the fundamentals of tax basis, stepped-up basis, and how these concepts affect investment strategy and estate planning. The session also reviews the Section 121 primary residence exclusion and highlights the importance of qualified intermediary (QI) due diligence. Investors will leave with a clearer picture of how tax basis influences decision-making and wealth preservation.