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

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   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.

3. Internal Revenue Code section 1031 - Wikipedia

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

   It also states that the property to be exchanged must be identified within 45 days, and received within 180 days. [4] 1031(b) states when like-kind property and boot can be received. The gain is recognized to the extent of boot received. 1031(c) covers cases similar to those in 1031(b), except when the transaction results in a loss. The loss is ...

4. Like-kind exchange - Wikipedia

   en.wikipedia.org/wiki/Like-kind_exchange

   This kind of transaction is also called a "1031 exchange", because Internal Revenue Code section 1031 of the U.S. Internal Revenue Code allows owners of certain kinds of assets to defer capital gains taxes on any exchange of like-kind properties. Both the relinquished property and the acquired property must be like-kind, and must be held for ...

5. Tenants in common 1031 exchange - Wikipedia

   en.wikipedia.org/wiki/Tenants_in_common_1031...

   An investor decides to sell investment property and do a 1031 exchange. He contacts a qualified intermediary (QI) and they enter into an agreement. The investment property is placed on the market. An offer to purchase the investment property is accepted and signed by the QI. Escrow for the sale is opened, and a preliminary title report is produced.

6. Schedule D: How to report your capital gains (or losses) to ...

   www.aol.com/finance/schedule-d-report-capital...

   The two-page Schedule D, with all its sections, columns and special computations, looks daunting and it certainly can be. To start you must report any transactions first on Form 8949 and then ...

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8. Qualified intermediary - Wikipedia

   en.wikipedia.org/wiki/Qualified_Intermediary

   The role of a QI is defined in Treas. Reg. §1.1031(k)-1(g)(4). Under IRC Section 1031 an owner of business or investment property may exchange that property for other like-kind property within a statutorily mandated period of time, and defer current recognition of gain on the sale of the old property.

9. Small business owners must report by end of the year to avoid ...

   www.aol.com/small-business-owners-must-report...

   Small business owners face severe penalties if they don't report to the federal government by year's end. ... in addition to civil penalties of up to $591 per day," the U.S. Chamber of Commerce ...