1031 tax exchange when selling property
A 1031 exchange gets its name from Section 1031 of the U.S. Internal Revenue Code. The tax advantage allows you to avoid paying capital gains taxes when you sell an investment property and reinvest the proceeds from the sale within certain criteria.
Posted on 11/14/2019
Meet The Presenter:
Mr. Scribner brings to the NASE board over 25 years of small-business expertise. As a real estate professional and investor, he has an extensive background in both sales and investment and currently leads a successful real estate sales team. Formerly a commercial bank president and CEO, he has broad experience in many of the issues surrounding small business, including finance, management and business strategy.
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