Statements (32)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
tax deferral strategy
|
| gptkbp:alsoKnownAs |
like-kind exchange
|
| gptkbp:appliesTo |
real estate
|
| gptkbp:benefit |
tax deferral
|
| gptkbp:canBe |
construction exchange
delayed exchange reverse exchange simultaneous exchange |
| gptkbp:compatibleWith |
bonds
stocks primary residences |
| https://www.w3.org/2000/01/rdf-schema#label |
1031 exchange
|
| gptkbp:mayInclude |
multiple properties
|
| gptkbp:notAllowedFor |
partnership interests
flipping properties inventory property |
| gptkbp:originatedIn |
1921
|
| gptkbp:period |
180 days to complete exchange
45 days to identify replacement property |
| gptkbp:prohibits |
personal property exchanges (since 2018)
|
| gptkbp:purpose |
defer capital gains taxes
|
| gptkbp:regulates |
gptkb:Internal_Revenue_Code_Section_1031
|
| gptkbp:relatedTo |
capital gains tax
|
| gptkbp:requires |
exchange of like-kind property
qualified intermediary investment or business property reporting on IRS Form 8824 |
| gptkbp:subject |
IRS rules
boot (taxable gain if not fully reinvested) |
| gptkbp:usedBy |
real estate investors
|
| gptkbp:bfsParent |
gptkb:Section_1031
|
| gptkbp:bfsLayer |
6
|