VandeWater & Associates Licensed Real Estate Brokerage

VERY RARE TUG HILL ACREAGE

11.2 ACRES IN THE TOWN OF WEST TURIN IN LEWIS COUNTY, NY

OVER 400 FEET OF POND FRONTAGE
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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