A 1031 Exchange refers to a Internal Revenue rule that allows an investor to sell an asset and purchase another and differing the “Capital Gain Tax” on the first sale.
Very specific rules need to be followed to qualify the transaction for the tax deferment and employing someone with experience in the investors specific property or investment is essential to make sure the transaction is completed properly.
Tags: 1031 Exchange, 1031 exchange Council Bluffs, 1031 exchange omaha, 1031 exchange omaha area, 1031 exchange omaha nebraska, investing in omaha, omaha 1031 exchange, what is a 1031 exchange, who can do a 1031 exchange
