Tag Archives: realestate

Sec 1031- Like Kind Exchange as a tax deferment strategy- Paper 1

Sec1031 Like-Kind Exchange

Usually, selling a business or an investment property and then using its proceeds to buy a similar property becomes a taxable transaction. However, there is a way to avoid that and that is by allowing a Sec 1031 – Like Kind Exchange. What is a Sec 1031- Like Kind Exchange? It is a simultaneous swap […]