1031 Tax Exchange Part 4

By
Real Estate Agent with Keller Williams Miami Beach

What qualifies as "Like Kind" Property?
You can exchange any Real Estate investment for any other type of Real Estate investment - for example, vacant land can be exchanged for a warehouse, an office building for an apartment complex, or a vacation home, an orange grove, a golf course, horse ranch, whatever. As long as the property being sold is not a primary residence, and there is a tax liability to selling, an Exchange should be considered.

Comments (1)

Charles Stallions Real Estate Services
Charles Stallions Real Estate Services Inc - Gulf Breeze, FL
Buyers Agent 800-309-3414 Pace and Gulf Breeze,Fl.

Wow you explan it very good. This is a vehicle that is missed a lot of the time for lack of information

Oct 10, 2012 10:24 AM