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Section 1031

Demystifying like-kind exchanges

Leave a Comment / Like-kind Exchange of Property, Small Business, Small Business Owners, Small Business Tax Tips, Small Business Tips, Tax Tips on Real Estate Purchases /

If you’re a real estate developer or a small business owner who owns commercial real estate, you might be thinking about selling a property. If it has appreciated significantly, a Section 1031 like-kind exchange may allow you to defer tax on some or all of the gain. With this transaction, you exchange one property for […]

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Defer a current tax bill with a like-kind exchange

Federal Taxes, Like-kind Exchange of Property, Real Estate, Small Business, Small Business Owners, Small Business Tax Tips /

If you’re interested in selling commercial or investment real estate that has appreciated significantly, one way to defer a tax bill on the gain is with a Section 1031 “like-kind” exchange. With this transaction, you exchange the property rather than sell it. Although the real estate market has been tough recently in some locations, there

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