Question: What is an Internal Revenue Code Section 1031 Like-Kind Exchange? Answer: Section 1031 of the Internal Revenue Code allows a taxpayer who owns business or investment real estate to “exchange ...

On June 11, 2020, the Treasury Department released proposed regulations regarding like kind exchanges under Internal Revenue Code section 1031 (“1031 Exchange”). The regulations clarify a number of ...

In the world of real estate investing, few topics are as misunderstood as the 1031 exchange rules. Named after Section 1031 of the Internal Revenue Code, this powerful tax-deferral strategy has been ...

If you are a real estate investor, aspire to be an investor one day or are a licensed agent or broker who works with investors, you should understand how a Section 1031 exchange works. Most investors ...

The 1031 exchange, also known as a like-kind or Starker exchange, is a tax strategy rooted in Section 1031 of the Internal Revenue Code. It enables an investor to defer capital gains taxes on a sold ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. On April 28, 2021, President Joe Biden revealed a slew of ...

Question: When you sell a duplex where you live in one unit and the other unit is a rental, do you have to do a 1031 tax-deferred exchange or would part of the duplex be classified as a personal ...