Internal Revenue Code Section 1031
Under Section 1031 of the United States Internal Revenue Code (26 U.S.C. ยง 1031), the exchange of certain types of property may defer the recognition of capital gains or losses due upon sale, and hence defer any capital gains taxes otherwise due.
Read more about Internal Revenue Code Section 1031: Summary, Section 1031 Like-Kind Exchanges, Time Limits, How A 1031 Exchange Is Accomplished, An Alternative To The 1031 Exchange, Examples of A 1031 Exchange, Warning: Like-Kind Exchange of Loss Property
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