WHAT IS A 1031
Section 1031 of the Internal Revenue Code provides that no gain or loss shall be recognized on the exchange of property held for productive use in a trade or business, or for investment. A tax deferred exchange is a method by which a property owner trades one or more relinquished properties for one or more replacement properties of like-kind, while deferring the payment of federal income taxes and some state taxes on the transaction.
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Rebecca,
Some things are meant to be! We are so appreciative of your diligent and expert service in finding our new camping spot. We enjoyed how personable you are and your prompt follow through and follow up on every point we requested (even after the close). Already making new family memories.
Take care
Definitely recommend!
Scott and Elizabeth Ashley
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Scott and Elizabeth Ashley