VandeWater & Associates Licensed Real Estate Brokerage

ATTENTION HUNTERS

BEAUTIFUL SOUTHERN ADIRONDACK ACREAGE

50 ACRES ONLY $59,900

MINUTES AWAY FROM HICKLEY RESERVOIR

EXCELLENT THROPHY BEAR AND WHITE TAIL DEER HUNTING

 

  Click here for details

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.



Top