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
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Definition:
A written document conveying title to property repossessed by the government due to default on tax payments.
Tax Savings
Definition:
The deduction a taxpayer can take on their tax form for interest paid on a home mortgage. The amount of money that the homeowner is not required to pay the government in taxes because he or she owns a home.
Economic Feasibility
Definition:
A project’s feasibility in terms of costs and revenue with excess revenue establishing the degree of feasibility.