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2. Internal Revenue Code section 1031 - Wikipedia

   en.wikipedia.org/wiki/Internal_Revenue_Code...

   However, as of a 2002 IRS ruling (see tenants in common 1031 exchange), Tenants in Common (TIC) exchanges are allowed. For real property exchanges under Section 1031, any property that is considered "real property" under the law of the state where the property is located will be considered "like-kind" so long as both the old and the new ...

3. 1031 Exchange Rules: Deadlines, Benefits and How to Qualify - AOL

   www.aol.com/navigating-1031-exchange-not-pay...

   Using a qualified intermediary is crucial to facilitate the transaction and ensure compliance with IRS regulations. Reverse exchange: In a reverse exchange, the taxpayer acquires the replacement ...

4. Do I Need to Report a 1031 Exchange on My Tax Return? - AOL

   www.aol.com/report-1031-exchange-tax-return...

   A 1031 exchange allows certain real estate investors to defer capital gains taxes when selling one investment property and reinvesting proceeds from the sale into another similar property. Taxes ...

5. 1031 Exchange Rules You Need to Know - AOL

   www.aol.com/finance/1031-exchange-rules-know...

   Use 1031 exchanges for real estate investing to lower taxes. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 more ways to ...

6. Like-kind exchange - Wikipedia

   en.wikipedia.org/wiki/Like-kind_exchange

   A like-kind exchange under United States tax law, also known as a 1031 exchange, is a transaction or series of transactions that allows for the disposal of an asset and the acquisition of another replacement asset without generating a current tax liability from the sale of the first asset. A like-kind exchange can involve the exchange of one ...

7. Opportunity zone - Wikipedia

   en.wikipedia.org/wiki/Opportunity_Zone

   In order to report the investment to the IRS, the taxpayer needs to file IRS Form 8997 annually. [13] Prior to the law creating Opportunity Zones, an investor could defer capital gains taxes only through a like-kind exchange, i.e., by trading one asset with another asset in the same asset class by using a Section 1031 exchange.