A 1031 Exchange is really a financial transaction which allows a trader to defer capital results income taxes on the purchase of your expense house by reinvesting the earnings from the selling into a comparable property. The 1031 Exchange will get its brand from IRS Portion 1031, which lays out your rules and regulations for most of these deals. To perform a 1031 Exchange Timelines and Rules, a number of important actions needs to be followed. First, the property that is certainly being sold has to be properly determined. The taxpayer has 45 times in the time of your purchase […]