The Basics of 1031 Exchanges of Real Property by Yovanny Hernandez, CPA
Posted on June 18, 2024 by Yovanny Hernandez
U.S. tax laws provide domestic and foreign real estate investors and developers with some of the most generous tax breaks, including the deferral of capital gain tax on the sale of highly appreciated property. This benefit of a 1031 exchange requires taxpayers to follow a unique set of rules and regulations. What is a 1031 […]