deferred exchange

deferred exchange

The correct name for a real estate transaction which is often erroneously called a tax-free exchange.See 1031 exchange.

References in periodicals archive ?
Four Springs TEN31 Xchange (FSXchange) is a sponsor of DST offerings featuring single tenant net-leased real estate and provides customised turnkey tax deferred exchange solutions for real estate investors.
LURAY, Va: Blue Ridge Bank expanded commercial banking services to include the ability to service IRC Section 1031 deferred exchange transactions as the qualified intermediary.
ROSEMONT -- Wintrust Financial said it has acquired Elektra Holding Co., the parent company of Chicago Deferred Exchange Co., for approximately $51.9 million.
BANKING AND CREDIT NEWS-December 17, 2018--Wintrust announces Chicago Deferred Exchange Company acquisition
Global Banking News-December 17, 2018--Wintrust announces Chicago Deferred Exchange Company acquisition
Similarly, proposed regulation [section]1.468B-6(b) states that transactional expenses are "the usual and customary expenses paid or incurred in connection with a deferred exchange. For example, the costs of land surveys, appraisals, title examinations, termite inspections, transfer taxes, and recording fees are transactional expenses," While the payment of transactional expenses out of proceeds will not disqualify an exchange, payment of such items may generate boot resulting in the recognition of some taxable gain.
The property, a new construction building in a pristine CC&R controlled industrial park, was purchased as a replacement property for a 1031 tax deferred exchange. The property is now being marketed for lease by Sonabend.
This is known as a deferred exchange. A deferred exchange is one in which you transfer property you use in business or hold for investment and later receive like-kind property to use in business or hold for investment.
1031(f)(4) to disallow a deferred exchange when a taxpayer transferred relinquished property to a QI in exchange for replacement property owned by a related party, and as part of the transaction, the related party received cash for the replacement property.
Investors who are in escrow need to reinvest to defer large tax consequences, a process called a 1031 tax deferred exchange. Because of the short timeframe required for investing the profits, one of the most important tactics in executing a successful 1031 Exchange is to have a solid real estate deal to "roll" in the profits.
Step-by-step examples with figures illustrate the points and guidelines for positive-minded financial strategies, from harnessing the power of forced equity to ensure one's fixed mortgage payments send an increasing amount toward the principal, to the mechanics of a 1031 tax deferred exchange, to numerous other strategies.
The statute and proposed regulations provide that any property received by the taxpayer in a deferred exchange is treated as property which is not like-kind if: