If you have heard of the 1031 property exchange, you might have heard so much about it, either from your friends or family, and especially from business owners who you associate with. If you are a business owner, then, one who owns a piece of property, you might feel that you, too, are interested in learning more about this popular topic that is often in the minds of many. One thing that you may want to know about all of the other things is whether you will benefit when you decide to take part of this property exchange. If so, what are the benefits you will be able to gain when you do so? It is good to know that there are, indeed, so many. Here, then, is a list of just some of the many great benefits you will be able to enjoy when you decide to take part of the 1031 property exchange.