VandeWater & Associates Licensed Real Estate Brokerage

4.48 ACRES WATSON,

LEWIS COUNTY, NY


Only minutes away from some of the best fishing

and boating rivers in the Western Adirondacks.

Over 325 feet of paved Town Road frontage on the

Kotel Rd, with electric and high-speed internet. 


ONLY $25,900


 

  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.


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