What Is 1031? also referred to as a 1031 Exchange or Like-Kind Exchange, and falls under Section 1031 of the Internal Revenue Code. This tax section deals with property value in sale of business or trades and other like sales. Contact us to get your property exchange prepared & filed by a qualified
Identifying the Replacement Property
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ยง 1031. Exchange of property held for productive use or investment...Read more law >
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Tax Redemption
Property Exchanges
Qualified Intermediaries
Indirect Costs
Qualified Intermediaries
Several terms are out there that are all other names for 1031 Exchanges.
"Starker exchange" is just one of these many terms.
1031 Related News
Equastone Acquires Office Project For $35 Million
The acquisition of The Views by an affiliate of Equastone Value Fund I completes a 1031 tax-deferred exchange of the proceeds from the recent sale of The Quad at Lowry IV
Definition:
A tax term used in certain real property exchanges. Property must be exchanged for like-kind property and the tax consequences postponed pursuant to Section 1031 of the Internal Revenue Code.
Operating Expenses
Definition:
The actual cost of operating income - producing property, including utilities and similar day-to-day expenses, taxes, insurance and reserves for the replacement of items that wear out.
Tax Deed
Definition:
A written document conveying title to property repossessed by the government due to default on tax payments.