What Is a 1031 Exchange?
When property is sold, the seller pays tax on any gain or deducts a loss. Section 1031 of the tax code gives taxpayers an opportunity to defer any gain on the sale of qualified property. Most exchanges are completed through an intermediary (such as 1031 Exchange Corporation). The IRS has published rules (safe harbor rules) for an intermediary assisted exchange. If these rules are followed, the...
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We Can Help! You Can Trust Us With Your Exchange! 1031 Exchange Corporation has provided advice and expertise for exchange clients since 1993. We are a member of the Federation Of Exchange Accommodators and have a Certified Exchange Specialist on staff. To protect our clients and the funds entrusted to us, we offer the option of a Qualified Escrow Account, use a Segregated Accounting System and...
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