Kidder Mathews Interview: Ins and Outs of a 1031 Exchange
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Accruit's Marty Edwards joined Peter Quinn, of Kidder Mathews, and Logan Lee of Moody Exchange to discuss the Ins and Outs of 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 .