What is a 1031 exchange form? How to defer taxes on like-kind real estate

If you own business or investment real estate, a Section 1031 like kind exchange can provide you with the opportunity to upgrade into a larger or more expensive property while deferring capital gains tax on the sale of your original property.

Find out more about Business Taxes

Alicia Tuovila

by Alicia Tuovila

Alicia Tuovila is an accounting and finance writer based in Tennessee. She holds an active Certified Public Accountan...

Read more...

Contents

Updated on: October 16, 2023 · 3min read


Twitter logoFacebook logoLinkedIn logoReddit logo
This article is for informational purposes. This content is not legal advice, it is the expression of the author and has not been evaluated by LegalZoom for accuracy or changes in the law.

You may also like

Starting a Business

What does 'inc.' mean in a company name?

'Inc.' in a company name means the business is incorporated, but what does that entail, exactly? Here's everything you need to know about incorporating your business.

October 9, 2023 · 10min read

Estate Planning Basics

How to talk to your family about estate planning

Want to talk to your parents or grandparents about estate planning, but feel like the topic is taboo? You're not alone. Discussions about estate planning are difficult for many families. Use our tips to broach the subject with sensitivity.

May 17, 2023 · 2min read

Starting Your LLC

How to get an LLC and start a limited liability company

Considering an LLC for your business? The application process isn't complicated, but to apply for an LLC, you'll have to do some homework first.

February 15, 2024 · 11min read