| |
What is a 1031 Exchange?
1031 Tax Deferred Exchange Law
IRS Code 1031 allows for an investor of real property to defer his capital gain upon the exchange of investment property of a like kind. In other words, you can trade an existing property for a new property or properties without having to pay taxes on your gain. The tax liability is deferred into the new property(ies).
What is a 1031 Exchange?
Tax Deferred Terms
As with any other specific area of real estate law, tax deferred exchanges under IRC §1031 have their own language,
|
|
|
|
|
