Internal Revenue Code Section 1031, which permits taxpayers to defer recognition of gain on the exchange of certain property, provides that no gain or loss shall be currently recognized on the ...

Lawmakers in many states are seeking to rein in rising property tax bills and discovering that it's not easy, especially if offsetting tax increases are part of the discussion. Governors and lawmakers ...

A 1031 exchange is a transaction sanctioned by the U.S. Internal Revenue Service that allows a seller to “swap” one “like-kind” investment property for another when buying one of equal or greater ...