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HOME * SELL * BUY * MANAGEMENT * MORTGAGE * INVESTORS * 10311031 Tax Exchange!
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What is a 1031 Exchange?Internal Revenue Code Section 1031 permits the deferral of capital gains and other taxes on the sale of property. In the most common type of exchange, a Forward Delayed Exchange , property is sold and the proceeds are used to purchase replacement property within certain timeframes. To qualify for a safe harbor tax deferral, proceeds should be held with a Qualified Intermediary between the sale and purchase. |
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The information in www.lasvegas-commercial.com has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. The value of this transaction to you depends on tax, financial and legal advisors who should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. |
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