Definitions for "Tax Deferred Exchange"
An exchange of like-for-like property held for income or investment.
See Exchange.
A procedure is outlined under the Internal Revenue Code Section 1031. It involves a series of rules and regulations that must be met in order to take full advantage of deferring capital gains tax on the sale of Investment real estate. §1031 Tax-Deferred Exchanges are also commonly known as: Starker Exchange, Delayed Exchange, Like-Kind Exchange, 1031 Exchange, Section 1031 Exchange, Tax-Free Exchange, Nontaxable Exchange, Real Estate Exchange, Real Property Exchange. Though all of these terms refer to the same thing, the most typical term used by the industry today is Tax Deferred Exchange. e-mail us