Logo

What is Internal Revenue Code Section 1031?

What is Internal Revenue Code Section 1031?

Section 1031 is a provision of the Internal Revenue Code that permits a taxpayer to exchange business-use or investment real property for other like-kind business or investment assets while deferring taxable gain on the sale of the old assets. The law has been in effect since 1921.

STRATEGIC PARTNERSHIPS

Strategic

We are proud to have long-standing relationships with the intermediary community and have a designated team supporting relationships with escrow officers, lawyers, accountants, tax advisors, investment consultants and corporate finance professionals.