Can you do a 1031 Like Kind Exchange when you sell a condo?
The answer will depend on several factors.
Like Kind Exchanges, also known as tax deferred exchanges, are defined by Internal Revenue Code (IRC) section 1031. A 1031 Tax Deferred Exchange offers taxpayers one of the last great opportunities to build wealth and save taxes. By completing a 1031 Exchange, the Taxpayer (“Exchanger”) can dispose of investment or business-use assets, acquire replacement property and defer the tax that would ordinarily be due upon the sale. The key is that the property must be "investment or business-use assets".
Section 1031 has permitted a taxpayer to exchange business-use or investment assets for other like-kind business use or investment assets without
If you are a boater in Fort Lauderdale you will understand the importance of a place to dock your boat (or Yacht), and especially know that docking your vessel close to home is important.
Whether you are in Fort Lauderdale, Boca Raton, Hollywood, Pompano Beach, Deerfield Beach or Hillsboro Beach, finding a Condo with boat slips or boat docks has never been easy.
Now www.condo.net has devoted some time to finding the condos in the Fort Lauderdale area , which also includes the areas of Boca Raton, Hollywood, Pompano Beach, Deerfield Beach and Hillsboro Beach. These areas of South Florida all have access to the Ocean by way of the Intracoastal waterway.
If you are a boater in South Florida you understand the importance of a place to dock your boat (or Yacht).
Whether you are in Fort Lauderdale, Boca Raton, Hollywood, Pompano Beach, Deerfield Beach or Hillsboro Beach, finding a Condo with boat slips or boat docks has never been easy.
Now www.condo.net has devoted some time to finding the condos in the Fort Lauderdale, Boca Raton, Hollywood, Pompano Beach, Deerfield Beach and Hillsboro Beach areas where boaters can find boat slips and boat docks associated with condos that are for sale in the condos.
If you are looking for condos for sale with Boat Slips or Boat Docks, just go to: Condos with Boat Slips and Boat Docks (Click HERE).
Boca Raton Condos for Sale with Boat Slips and Boat Docks
If you are a boater you understand the importance of a place to dock your boat (or Yacht).
Now www.condo.net has devoted some time to finding the condos in the Boca Raton area where boaters can find boat slips and boat docks associated with condos that are for sale in Boca Raton.
If you are looking for condos for sale with Boat Slips or Boat Docks, just go to: Boca Condos with Boat Slips and Boat Docks (Click HERE).
You will find condos for sale of all price ranges, and hopefully you will find a condo that has a boat slip or a boat dock that you can buy or rent for your boat.
Please remember that there are generally rules and regulations governing the use of boat slips and boat
