Summary:
A 1031 exchange can be a great benefit for investors. Learn what they are, and how to easily overcome some obstacles to use this tax deferral to your advantage.
A section 1031 tax deferral allows an investor to sell a property, then reinvest the proceeds in a new property and defer all capital gain taxes. Specific conditions for the exchange state that it must be of "like-kind" and must take place within 45 days of the close of the sale. To understand more about how this exchange works, consider the following example:
Rate This Article
Select star to rate this
- Home
- Articles
- Employment Career Feature
- How a 1031 Exchange Works
Category
- Employment Career Feature(44,024)
- Employment Job Profile(2,368)
- Employment News(912)
- Employment Star(464)
- Employment Resume Tips(179)
- Employment Career Tips(116)
Tags
- employers(212)
- problem(110)
- job market(109)
- industry(90)
- organizations(88)
- United States(75)
- EmploymentCrossing(73)
- salary(73)
- job searches(71)
- economy(69)
- resumes(65)
- websites(65)
- managers(64)
- businesses(63)
- careers(63)
- job openings(62)
- workers(55)
- attorneys(52)
- environments(52)
- plans(52)
- recession(50)
- methods(48)
- professions(48)
- Harrison Barnes(44)
- New York(43)
new jobs this week
On EmploymentCrossing
430
jobs added today
on EmploymentCrossing
3
job type count
On EmploymentCrossing
- Healthcare Jobs(342,151)
- Blue-collar Jobs(272,661)
- Managerial Jobs(204,989)
- Retail Jobs(174,607)
- Sales Jobs(161,029)
- Nursing Jobs(142,882)
- Information Technology Jobs(128,503)
top 5 job searches
What do you think about this article? Rate it using the stars above and let us know what you think in the comments below.
If this article has helped you in some way, will you say thanks by sharing it through a share,
like, a
link, or an
email to someone you think would appreciate the reference.
Related articles
Shunning the Inspection of Your Taxes Can You Spot The $596,000 Difference In Identical Homes? Five Occupational Tax-Deductions to Omit Everything You Must Know about the Job Profile of Internal Revenue Agent Estate Tax: What It Is And How It Is Filed Cost Segregation - Why isn't my CPA already doing this? 1031 Exchange 1031 Exchange Companies Tax Services More Return On Equity For Your Investment Property Dollar
