What is a 1031 Exchange and How You Can Benefit from It?
By: Lisa Taylor 1031 Exchange Views: 900 | Comments: 0 | Votes: 0
1031 Exchange is a transaction that allows a taxpayer to swap one investment property for another by deferring the capital gains tax. The IRS Code 1031 authorizes the transaction. You should know about the 1031 tax-delayed exchange if you own an investment property and are thinking about selling it and buying another property. The name 1031 is taken from Section 1031 of the U.S. More
