| 0 | A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z |
1031 Exchange
IRS rule that allows any property owner – investor or home owner – to avoid capital gains taxes on the transaction by purchasing a property of equal or greater value. Rules vary from year to year, but generally the property has to be identified within 6 months after closing on the old property.
This rule also applies to "like-kind" exchanges, and include other property such as boats or jewelry. It does not apply to securities, bonds, or stocks.
NEXT: 10 Pads Unit Density