VandeWater & Associates Licensed Real Estate Brokerage
COMING SOON FOR 2025
93 ACRES ONLY 25 MINUTES FROM BEAUTIFUL OLD FORGE
SCENIC ADIRONDACK PONDS
PAVED ROAD FRONTAGE WITH ELECTRIC/TELEPHONE
WALK TO MOOSE RIVER
ACCESS TO SNOWMOBILE TRAIL
EXCELLENT HUNTING
ONLY $159,000
"Price is subject to change"
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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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