American Land Seller Podcast: Navigating 1031 Exchanges
Accruit's Max Hansen and Jonathan Barge were honored to join Koby Rickertsen on his American Land Seller Podcast to discuss the basics of 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, how landowners, investors, and real estate professionals can benefit from this tax deferral strategy, and the array of real property interests that qualify for 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 .