1031 Like-Kind Exchanges are critical to America’s economy. Hear the whole story and how eliminating this tax incentive can be bad for your clients and their investments.
Like-kind exchanges — when you exchange real property used for business or held as an investment solely for other business or investment property that is the same type or “like-kind.” Properties are of like-kind if they’re of the same nature or character, even if they differ in grade or quality. Learn more in the brief video overview below.