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A 1031 exchange, also known as a like-kind exchange or a Starker exchange, is a tax-deferment strategy that allows real estate investors to sell one property and purchase another without paying capital gains taxes on the profits made from the sale. The name "1031" comes from the section of the Internal Revenue Code that governs this type of transaction.
www.financierpro.com
By Adidas Wilson5
11 ratings
A 1031 exchange, also known as a like-kind exchange or a Starker exchange, is a tax-deferment strategy that allows real estate investors to sell one property and purchase another without paying capital gains taxes on the profits made from the sale. The name "1031" comes from the section of the Internal Revenue Code that governs this type of transaction.
www.financierpro.com

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