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- What Is a 1031 Exchange? Know the Rules - Investopedia
A 1031 exchange is a swap of one real estate investment property for another that allows capital gains taxes to be deferred The term—which gets its name from Section 1031 of the Internal
- Like-kind exchanges - Real estate tax tips - Internal Revenue Service
Information about the like-kind exchange and requirements under IRS Code Section 1031 for recognizing a gain or loss
- The 1031 Exchange Rules You Need to Know - Kiplinger
Section 1031 of the IRC defines a 1031 exchange as when you exchange real property used for business or held as an investment solely for another business or investment property that is the same
- 26 U. S. Code § 1031 - LII Legal Information Institute
No gain or loss shall be recognized on the exchange of real property held for productive use in a trade or business or for investment if such real property is exchanged solely for real property of like kind which is to be held either for productive use in a trade or business or for investment
- 1031 Exchange Rules | Overview, Types, Special Cases
1031 Exchange Rules Overview The 1031 Exchange Rules, under Section 1031 of the U S Internal Revenue Code, provide investors with the opportunity to defer capital gains taxes when they sell an investment property and reinvest the proceeds into a "like-kind" property
- What is a 1031 Exchange? - Bankrate
A 1031 exchange is a way to sell and buy real estate while avoiding capital gains taxes on profits It can be tricky to execute, given its tight deadlines
- 1031 Exchange: How it Works - TurboTax Tax Tips Videos
There are multiple types of 1031 exchanges, including deferred, simultaneous, reverse, and improvement exchanges, each with specific timelines and rules to follow for a successful exchange While a 1031 exchange defers taxes, your tax obligation isn't eliminated
- 1031 Exchange Rules You Should Know - Bottom Line Inc
If you plan to part with a piece of investment real estate, you might be able to postpone paying capital gains taxes by using a type of transaction called a 1031 exchange But beware: Strict rules apply to these 1031 exchange real estate deals Bottom Line Personal asked tax expert Abby Eisenkraft what owners of investment real estate need to know about 1031 exchanges…
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