VandeWater & Associates Licensed Real Estate Brokerage

VERY RARE TUG HILL ACREAGE

  40 ACRES OLD MEADOWS BORDERING STATE LAND $79,900

SOME OF THE BEST TROPHY WHITETAIL HUNTING IN THE NORTHEAST

DIRECT ACCESS TO MAIN ATV AND SNOWMOBILE TRAIL

CALL TODAY FOR APPOINTMENT

315-348-8884

 

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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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