Thursday, July 14, 2011

1031 Exchange Requirements

In case a person or a business is interested in availing the benefits of tax deferral specified in section 1031 of IRS (Internal Revenue Service) tax book he has to scrupulously follow the 1031 exchange requirements given in this tax book. The rules in this section help the investor in investing more and do not discourage his investment. However, it discourages investors who avoid paying taxes. Since the process involves a large amount of legal complications it is worthwhile to entrust it to a professional in that field who understands the

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