Traction REIA Webinar: Practical Applications of 1031 Exchanges
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Accruit's David Gorenberg presented a virtual educational session in partnership with Traction REIA on Practical Applications 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.
