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by daz.zling on August 11th, 2008
answer it someone
by writemyselfaletter on October 17th, 2009
A 1031 exchange (note the word "exchange") is a procedure for swapping like properties and thereby avoiding a sale and capital gains tax. If you actually sell the property, you incur the gain and pay the tax. There is no such thing as placing sale proceeds "in a 1031".
What is a tax free 1031 exchange property?
by Answerbag Staff on May 10th, 2010
| 1 person likes this
What is a reverse 1031?
by Answerbag Staff on April 22nd, 2010
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My father sold rental property in north carolina and did a 1031 exchange to buy two condos in connecticut he has owned them for alittle more than one year. He noe wants to sell them. Does he pay capitol gains the new properties or the old one
by debra -860 on October 17th, 2007
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What is a 1031 exchange&who qualifies?
by Answerbag Staff on April 16th, 2010
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If I sold investment using 1031 to buy another property, and two yrs later sold the second property...would capital gains tax be calculated on 2nd house profit or does it go back and include profit from both?
by hedgepes on December 1st, 2007
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You're reading Can I place my sale profit in a 1031 and for how long?
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