Article by Nicky Michael
Section 1031 in the Internal Revenue Service is a boon for a prospective investor, selling an investment property and wanting to make a profit by reinvesting in a similar property elsewhere in the country. This wonderful concept works on the principle of gain rolling from the ...
Most Recent Articles For: exchange regulations
Written by admin on July 27th, 2011
Written by admin on May 7th, 2011
A tax deferred exchange represents a simple, strategic method for selling one qualifying property and the subsequent acquisition of another qualifying property within a specific time frame.Although the logistics of selling one property and ...
Written by admin on May 3rd, 2011
If you’re considering a 1031 tax exchange to defer payment of capital gains tax on your real estate investment, it’s important that you understand the basics of the 1031 exchange process. As a ...