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Category: Real Estate Tag: Tag: Using The 1031 Exchange to Zero Out Taxes on The Sale of Your Property

Description

Using The 1031 Exchange to Zero Out Taxes on The Sale of Your Property

Brand New Report

Using The 1031 Exchange to Zero Out Taxes on The Sale of Your Property

WHAT IS A 1031 EXCHANGE?

Briefly stated, a 1031 exchange is a legal IRS provision that allows a property owner to avoid taxes on the sale of their investment/business real estate by acquiring another like-kind investment/business property within certain IRS requirements & time limits.

BEWARE OF TAXABLE GAIN ON PERSONAL PROPERTY UNDER REVISED 1031 EXCHANGE RULES

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Delivery Method

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