What Qualifies as Like Kind Property in a 1031 Exchange?

What Qualifies as Like Kind Property in a 1031 Exchange?

Download as a PDF Introduction to Like-Kind Property Requirements A 1031 tax deferred exchange transaction allows a real estate investor to defer the payment of their capital gain and depreciation recapture taxes generated from the sale of investment property (“relinquished property”) by reinvesting in other like-kind real property (“replacement property”) that is also held as […]

1031 Exchange Qualified Use Requirements: It’s the Intent that Really Matters

1031 Exchange Qualified Use Requirements: It’s the Intent that Really Matters

Download as a PDF When investors consider a 1031 exchange, one of the first questions they ask is whether their property qualifies for tax-deferred treatment. The answer hinges on a concept known as “qualified use.” Understanding this requirement is essential, because it determines whether you can defer the payment of capital gain and depreciation recapture […]