A 1031 exchange refers to Section 1.1031 of the Internal Revenue Code which was passed in 1990. Normally, when you sell all real and personal property, the tax code requires the payment of the ...
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Written by admin on May 21st, 2011
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 7th, 2011
Inthe summer of 1990, the Internal Revenue Service announced the long awaited rules on Tax Deferred Exchanges. Section 1.1031 of the IRS Code laid out in detail the procedure for turning a sale and ...
Written by admin on May 3rd, 2011
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Why Do a 1031 Exchange?
Investors can trade up, consolidate, diversify, leverage or relocate their investments and not be penalized by having to pay ...
