The 1035 exchange is one of those rare times in which officials with the Internal Revenue Service actually put in place a plan to help individual investors. 1035 exchanges come from the 1030 group of exchanges because they belongs to a section of the tax code on tax-free situations. Investors who often deal in real estate may be familiar with the 1031 and the 1031 exchange rules. The IRS … [Read more...]
The 1031 Exchange Rules
November 3, 2009 By
There is a very easy way to sell property under the 1031 exchange rules. Simply put, this involves selling property with a strategy. You must have two qualified pieces of property in order for the 1031 exchange rule to work - one to sell and one to buy. This is also known as a tax deferred exchange. Many people get this rule confused with 1035 exchange rules. The 1035 is concerning … [Read more...]
