Question

 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 »
http://www.answerbag.com/q_view/1884421

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

Can IRA money be used in a 1031 exchange?

Yes, your IRA can be used in a 1031 exchange. You have to acquire a special Self-Directed IRA, also known as a Real Estate IRA. You can use a 1031 exchange when its time to sell the leverage real e... Read More »
http://www.answerbag.com/q_view/2238912

1031 Exchange Agreement?

Section 1031 of the Internal Revenue Code allows the exchange of investment or business property without payment of capital gains tax. It is most often used in the buying and selling of rental real... Read More »
http://www.ehow.com/about_6546718_1031-exchange-agreement.html

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 »
http://www.answerbag.com/q_view/2130933

1031 Exchange Definition?

A 1031 or "like-for-like" exchange is an IRS-approved method for deferring the taxes on the sale of an investment property by transferring the proceeds of the sale into the purchase of a new proper... Read More »
http://www.ehow.com/about_6546257_1031-exchange-definition.html


feedback
loading