Archive for Archive for May 27th, 2008

What Is A 1031 Exchange?

Created by the I.R.S. in 1990, section 1031 of the Internal Revenue Code allows taxpayers, with the aid of a Qualified Intermediary, to sell investment or income property solely for the purchase of other “like-kind” property within 180 days and to defer the capital gains taxes normally associated with such a sale. In essence, the […]

Posted by: najirashid on Tuesday, May 27th, 2008