1031 Exchange

The Bird’s Eye View of the 1033 Exchange

People are aware that real property held for business or investment may be exchanged for other, “like-kind” real property while deferring recognition of gain or loss for income tax purposes through a Section 1031 exchange, it is less known that there is another Internal Revenue Code provision known as a Section 1033 exchange.

December 19th, 2017|1031 Exchange, Articles, News|

Renter Households Reach 50-Year High

The percentage as well as number of US households led by renters is at the highest level in more than 50 years, the Pew Research Center reported this week. The research organization’s analysis of Census Bureau housing data found that growth in the percentage of renters extends across a variety of demographic factors, including age, education level and ethnicity.

September 8th, 2017|1031 Exchange, Articles, News|