Real Property 1031 Like-Kind Exchanges–Too Good to Last?

When real estate owners swap real property held for investment or productive use in trade or business for like-kind real property under Section 1031 of the Internal Revenue Code, no tax gain or loss is recognized. Investors and entrepreneurs use this tax deferral method, referred to as a 1031 Exchange, to reinvest their profits from a real property sale into their next real estate investment. However, the proposed federal budget may soon eliminate this strategy. Read this article to learn more.

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Related Content

• Real Property 1031 Exchanges
  Delve into this practice note discussing the history, intent, and application of 1031 Exchanges.

• 1031 Exchange Cooperation Clause (Forward)
  Use this clause for a commercial purchase and sale agreement when the seller intends to structure the transaction utilizing a 1031 Exchange.

• 1031 Exchange Cooperation Clause (Reverse)
  Use this clause for a commercial purchase and sale agreement when the buyer intends to structure the transaction utilizing a 1031 Exchange.

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