Tax Exchange

Under Section 1031 of the United States Internal Revenue Code (26 U.S.C. § 1031), a taxpayer may defer recognition of capital gains and related Federal income tax liability on the exchange of certain types of property. In 1979, this treatment was expanded by the courts to include non-simultaneous sale and purchase of real estate, a process sometimes called a Starker exchange.

1031 Exchange Resources

Internal Revenue Code section 1031 – Wikipedia Internal Revenue Code section 1031

Investment Property Exchange Services, Inc. – Specializes in all exchange transactions and provides Qualified Intermediary services.

1031 Exchange Experts – Information on the rules, requirements and guidelines of investment real estate, which are 1031 properties by definition.

IRS Section 1031 – Like-Kind Exchanges Under IRC Code Section 1031.

Section 1031 Exchange: The Ultimate Guide to Like-Kind Exchange

Midland 1031 – 1031 Exchange Qualified Intermediary – Section 1031 of the Internal Revenue Code is one of the last great tax shelters available to investors. The seller is responsible for paying capital gains taxes with the sale of investment real estate. In some cases, capital gains can be as high as 25 percent. By performing a 1031 exchange, investors can defer payment of these taxes. As the name suggests, a 1031 exchange is the process of a sale property exchanging for a new investment property. As long as this transaction is a “trade up” in value and debt, taxes are completely deferred.