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The 1031 tax deferred exchange is a like-kind exchange, a like-kind swap, a real estate swap, real estate exchange, delayed exchange, simultaneous exchange, construction exchange, improvement exchange, multi-property exchange or a multi-party exchange.
The IRS rules allow real estate investors to defer paying taxes on qualifying 'exchanges' provided the investor meets a few criteria and uses a qualified intermediary (sometimes called a facilitator or accomodator.)
Properties that may qualify for a 1031 exchange;
Properties that do NOT qualify for a 1031 exchange;
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Primary Residences
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Vacation Homes
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Second Homes
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Stocks, Bonds, or Notes
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Stock in Trade or Other Property Held Primarily for Sale
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Other Securities or Evidence of Indebtedness
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Certificates of Trust or Beneficial Interest
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Partnership Interests
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