Article by Isaac Roy
Section 1031 of the Internal Revenue Code generally provides that neither gain nor loss is recognized if qualifying property is exchanged for other qualifying property of a like-kind. In the above scenario, you may defer the payment of 0K in both federal and state taxes if ...
Most Recent Articles For: 1031 exchanges
Written by admin on July 9th, 2011
Written by admin on May 23rd, 2011
If you have some money then you may have considered trying to make your fortune with stocks, bonds, and maybe even real estate. The concept is to buy cheap and sell dear, since ...
Written by admin on May 22nd, 2011
A tax deferred exchange or 1031 exchange is a strategy or tool that can be used by an investor to sell property, as long as it qualifies, and then buy another like-kind property. Since ...
Written by admin on May 21st, 2011
1031 Exchange and Tax Advantages
A 1031 Exchange or Like Kind Exchange is defined by Section 1031 of the InternalRevenue Code. This code specifies that if an asset (usually some form of real estate such ...
Written by admin on May 21st, 2011
A 1031 exchange is a great tool for investors who want to avoid paying tax on the gain from the sale of real estate; however, in order to completely defer the tax, an investor ...
