1031 a play for investors with long-term horizons

The IRS allows some latitude in defining “like-kind” property acquisitions, though it limits the exchanges to properties used as investments or for business

by

Published: August 21,2011

Tags: 1031 Exchange, federal tax law

While the housing foreclosure crisis and widespread commercial vacancies give real estate a horror movie feel, federal tax law makes it hard to fall entirely out of love with real estate investing. At least it has for investors willing to think long-term, says Jackson commercial Realtor Walter Michel, principal of the J. Walter Michel Agency. […]

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