Archive for November 29th, 2009
1031 101 pt3
investors to defer recognition of the gain on the sale of assets if the proceeds of the sale are then reinvested in “like-kind” assets. Some compare this powerful tax strategy to getting an “interest-free loan from the government.” While like-kind exchanges have been part of the tax code since 1921, many businesses are unaware of the potential value 1031s represent for their companies. In this Webinar, Brent Abrahm, CEO of Accruit, provides a helpful overview on what 1031 exchanges are, …