Personal Property Tax Deferred Exchange

Wed, 18 Mar 2009 18:02:57 PST

Denver Investment Property

Deferring capital gain and other taxes through an IRC 1031 tax deferred exchange is also available for personal property held for investment or for productive use in a trade or business. Despite its name, personal property does not necessarily mean property that is used by an individual in a personal capacity. Rather, personal property refers to all property, both tangible and intangible, that is not considered real property. If the sale of such personal property will result in a gain, the taxpayer may want to consider an exchange.

1031 Exchanges Capital Gains Real Estate Tax Deferment

Wed, 18 Mar 2009 17:44:09 PST

Denver Real Estate Investment

Under section 1031 of the Internal Revenue Code, a real property owner can sell his property and then reinvest the proceeds in ownership of like-kind property and defer the capital gains taxes. To qualify as a like-kind exchange, property exchanges must be done in accordance with the rules set forth in the tax code and in the treasury regulations.

Denver Real Estate Investor Info

Personal Property Tax Deferred Exchange

1031 Exchanges Capital Gains Real Estate Tax Deferment