Internal Revenue Code Section 1031, a federal statute for deferring capital gains tax, is used in as many as 20% of commercial real estate transactions. Despite this, misunderstandings about this ...

IRS Code Section 1031 will not allow the avoidance of capital ... To record the Section 1031 exchange with the Internal Revenue Service, it is important to file Form 8824 with the tax return ...

According to Section 121 of the Internal Revenue Code (IRC), profits of up to $250,000 for those ... If you plan to continue investing in rental properties, a 1031 exchange is worth looking into.

which is named after Section 1031 of the Internal Revenue Code. But this tax-saving tactic isn't just for the wealthy. "One common misconception is that 1031 exchanges are only for large-scale ...

The IRS is organised to carry out the responsibilities of the Treasury Secretary per Internal Revenue Code (IRC) Section 7801. The IRS was created based on the secretary's authority to administer ...