You can defer capital gains tax on the sale of your original property by engaging in a Section 1031-like-kind exchange if you own a business or investment property.
« Back to Glossary IndexYou can defer capital gains tax on the sale of your original property by engaging in a Section 1031-like-kind exchange if you own a business or investment property.
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By providing my number and email, I agree to receive emails, text messages, and phone calls, which may be recorded unless I opt out of such communications. I understand that my consent to be contacted is not a requirement to purchase any product or service and that I can opt out at any time. Message & data rates may apply. Message frequency varies. Subscription may be canceled by texting STOP, END, QUIT, CANCEL or UNSUBSCRIBE.