VandeWater & Associates Licensed Real Estate Brokerage

 * NEW * NEW * NEW *

ADIRONDACK FAMILY RETREAT OR CAMPGROUND ON 55 ACRES 6 CABINS WITH A NEWLY CONSTRUCTED BATHHOUSE AND A 1200 FOOT RESIDENCE SITUATED ON A VERY PRIVATE SETTING WITH OVER 2000 FEET ON THE MAGNIFICENT GRASSE RIVER WITH BEAUTIFUL CASCADING WATERFALLS  

ONLY $274,900 

     

WWW.VANDEWATERLAND.COM    315-348-8884/800-615-2321 

               

  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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