1031 Qualified Intermediary
For over 90 years, astute taxpayers have taken advantage of a tax strategy referred to as a 1031 exchange. Section 1031 of the Internal Revenue Code allows the deferral of gain on the sale and purchase of property held for use in a trade or business or for investment. Most taxpayers that take advantage of 1031 exchanges have one objective: avoiding the tax now. Unfortunately, many do not realize the many other short and long term benefits of an exchange.
Keywords: 1031 tax deferred
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