Defer Capital Gains Taxes Flyer
1031 exchange, or like-kind exchange (LKE), allows a taxpayer to defer various taxes — including capital gains (state and federal) and depreciation recapture — when they sell real estate held for business use or investment purposes and purchase another asset that is deemed “like-kind.”
Learn more about how Accruit helps businesses and individuals, what you can exchange, and who is eligible for 1031 exchanges in our Defer Calculation of the difference between the sales price of the relinquished property less selling expenses and less the adjusted basis of the relinquished property. Capital Gain s Taxes flyer. View and download the flyer by clicking the link below.