1031 exchange

1031 exchange
A method of selling business or investment property but deferring payment of capital gains taxes by reinvesting the proceeds of the sale in another business or investment property.
Category: Real Estate & Rental Property

Nolo’s Plain-English Law Dictionary. . 2009.

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  • Tenants in common 1031 exchange — See 1031 exchange for the traditional use of IRS regulation 1031 Tenants in common 1031 Exchange is a form of real estate asset ownership in the United States of America in which two or more persons have an undivided, fractional interest in the… …   Wikipedia

  • 1031 — This is the year 1031; the number 1031 may also refer to ::::* [http://apiexchange.com/apimain/Form%208824.pdf 1031 form] Section 1031 of the U.S. Internal Revenue Code allows investors to defer capital gains taxes on the exchange of like kind… …   Wikipedia

  • Internal Revenue Code section 1031 — Under Section 1031 of the Internal Revenue Code (usc|26|1031), the exchange of certain types of property may defer the recognition of capital gains or losses due upon sale, and hence defer any capital gains taxes otherwise due.ummaryTo qualify… …   Wikipedia

  • Like-kind exchange — A like kind exchange is a United States tax deferred exchange that allows for the disposal of an asset and the acquisition of another similar asset without generating a tax liability from the sale of the first asset. A like kind exchange can… …   Wikipedia

  • Qualified Exchange Accommodation Arrangements — A strategy used in some 1031 exchanges where a third party, known as an accommodation party, temporarily holds the real estate investor s relinquished or replacement property. The purpose of this arrangement is to help investors comply with… …   Investment dictionary

  • Like-Kind Exchange — A tax deferred exchange that allows for the disposal of an asset and the acquisition of another similar asset without generating a tax liability from the sale of the first asset. This can include the exchange of one business for another or one… …   Investment dictionary

  • tax-deferred exchange — See: 1031 exchange Category: Real Estate & Rental Property Nolo’s Plain English Law Dictionary. Gerald N. Hill, Kathleen Thompson Hill. 2009 …   Law dictionary

  • Starker exchange — See: 1031 exchange Category: Real Estate & Rental Property Nolo’s Plain English Law Dictionary. Gerald N. Hill, Kathleen Thompson Hill. 2009 …   Law dictionary

  • delayed exchange — An exchange of property to put off capital gain taxes, in which the funds are placed in a binding trust for up to 180 days while the seller acquires an exchanged (another similar) property, pursuant to Internal Revenue Code Section 1031. Category …   Law dictionary

  • List of companies listed on the Hong Kong Stock Exchange — Economy of Hong Kong     Identity         Hong Kong Dollar           Banknotes           Coins         Monetary Authority …   Wikipedia

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