delayed exchange
- A method of avoiding capital gains tax by placing funds in a trust for up to 180 days while acquiring a similar property as per Section 1031 of the Internal Revenue Code
- To avoid capital gains tax on his investment property, he opted for a delayed exchange.
- The real estate investor used a delayed exchange to defer her taxes while she located a similar property.
- Under Section 1031 of the Internal Revenue Code, they carried out a delayed exchange with the assistance of a binding trust.
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