EXPERT1031

When selling a business or investment property, and a gain would be realized, Internal Revenue Code Section 1031 provides for an exception, allowing for tax on the gain to be postponed if the proceeds are invested, in a "like-kind" property exchange. Gain deferred in this like-kind exchange under IRC Section 1031 would be tax-deferred, but not tax-free... Section 1031 is an IRS code section that lets you defer tax (in some cases a lot of tax), but of course they don't make the deferral easy. But it's not impossible either.One of the rules that can cause a lot of angst, especially in a fast-moving real estate market like the one we have now, is the..... 1031 exchanges, at least as we know them today, have been around since 1991. What makes us 1031 Exchange Experts? Years of experience, and walking client after client through the exchange process.

Primary location: Denver United States