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Greenville 1031 Exchange Information

1031 Exchange

Section 1031 of the United State Tax Code provides that when property held for productive use in a trade or business or for investment and is exchanged for the same kind of property, the capital gains can be deferred.

Consult a 1031 Exchange Lawyer

Claiming a 1031 exchange can be complicated, and you must comply with several requirements. Consulting a a Greenville attorney who is experienced filing 1031 Exchange applications can ensure the best result possible. The lawyer will determine what property qualifies, if you are eligible, and can assist you in filing the necessary documents.

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