Lobbying Affiliate: MML&K Government Solutions
{ Banner Image }

Real Estate Law Blog

Make sure you're on solid ground before you break it.

Contact Us

250 Character(s) Remaining
Type the following characters: niner, tango, romeo, hotel, whisky

* Indicates a required field.

Categories

McBrayer Blogs

Showing 1 post tagged 1031 Exchange Facilitator.

The Kind of Exchange to Like: Section 1031 Like-Kind Exchanges

Whenever you sell off a piece of investment property for a gain, you generally pay tax on that gain at the time of the sale. If you then use the post-tax proceeds to purchase another property that you later sell for a gain, you’ve effectively traded one property for another, but you were taxed twice along the way. Luckily, the tax code contains Section 1031, which allows for a tax deferred “exchange” of properties, and it can be a lifesaver for investors. More >

Lexington, KYLouisville, KYFrankfort, KYFrankfort, KY: MML&K Government Solutions