Articles

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|