VandeWater & Associates Licensed Real Estate Brokerage

 * NEW * NEW * NEW * Posted 9/2/2020

Tug Hill Plateau Land Sale

9.2 Acres with access to a large tract of state land . Over 402 feet of town road frontage directly on ATV and groomed snowmobile trail system.

Only $28,900 





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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.