1031 tax deferred exchange: 1031 Tax Deferred Exchange Information
- 05/12/07 11:07 AM
Interesting Stuff! What is a 1031 Tax-Deferred Exchange? In a nutshell, it's a way for owners of investment real estate to sell their property and buy other like kind property without paying the Capital Gains tax. These transactions are known as deferred exchanges, or 1031 exchanges, and allow the investor to continue their investment in another property without losing investment equity to taxes. CONSIDER THE FOLLOWING: ● You may have some non-income producing real estate investments, such as raw land, which are not giving you any cash flow. You could exchange this for property that is income producing, such as a … (3 comments)
Interesting Stuff! 
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