Video: Other Types of Real Property in a 1031 Exchange

In our latest educational video, we explore Internal Revenue Code Section 1031 states that "no gain or loss shall be recognized on the exchange of property held for productive use in a trade or business or for investment if such property is exchanged solely for property of like kind which is to be held for productive use in a trade or business or for investment." 1031 Exchange s involving oil, gas, mineral, timber, water, paleontological, and archeological rights. Under IRS Section 1031, these rights qualify as real property interests, allowing proceeds from their sale to be reinvested into other like-kind property through a Internal Revenue Code Section 1031 states that "no gain or loss shall be recognized on the exchange of property held for productive use in a trade or business or for investment if such property is exchanged solely for property of like kind which is to be held for productive use in a trade or business or for investment." 1031 Exchange . These types of properties can require careful documentation and considerations for a valid Internal Revenue Code Section 1031 states that "no gain or loss shall be recognized on the exchange of property held for productive use in a trade or business or for investment if such property is exchanged solely for property of like kind which is to be held for productive use in a trade or business or for investment." 1031 Exchange , especially when handling the sale of timber or water rights. In this video, we also discuss the critical need to ensure transactional documents clarify long-term interests, avoiding any confusion with the sale of physical items like artifacts or resources.

Watch to learn more about different types of real property interests allowed in a Internal Revenue Code Section 1031 states that "no gain or loss shall be recognized on the exchange of property held for productive use in a trade or business or for investment if such property is exchanged solely for property of like kind which is to be held for productive use in a trade or business or for investment." 1031 Exchange .