What is a 1031 exchange transaction?

Answer A 1031 exchange transaction, also known as a "tax-deferred exchange," is a technique property owners can us to postpone and maybe eliminate taxes that would otherwise be due when you sell business ... Read More »

Top Q&A For: What is a 1031 exchange transaction

What is a 1031 exchange&who qualifies?

A 1031 exchange is also known as a like-kind exchange. It is one of the more popular nontaxable exchanges in the United States and is called a 1031 exchange because it is found in Section 1031 of t... Read More »

What is a 1031 property exchange?

Also known as a Like-Kind Exchange, 1031 property exchanges are named for the Internal Revenue Code Section 1031. 1031 exchanges permit real estate to be "replaced" with other qualifying real estat... Read More »

What is a reverse 1031 exchange?

A reverse 1031 exchange is a real estate transaction where the sale of property is listed by a qualified intermediary as a commodity that can be traded for another commodity, but before the closing... Read More »

What is a tax free 1031 exchange property?

The United States Tax Code contains many provisions that can benefit taxpayers if properly used. One such provision that can defer payment of taxes is found in Section 1031 of the Internal Revenue ... Read More »