1031 TAX DEFERRED EXCHANGES
Laney commercial agents keep up to date on changes to tax laws.
The 1031 tax deferred treatment of capital gains is one of the best
real estate investor vehicles for preserving and building real
estate wealth:
Section 1031 of the Internal Revenue Code allows property owners to
exchange their property for other like-kind property. This makes it
possible to transfer the financial gain that is realized from the
sale of a property into another property.
A 1031 Deferred Exchange is not difficult, but there are very strict
rules and timetables that must be followed. On the following pages
is a discussion of these rules. If you have any questions just call
us. We will help you all the way.
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