What Is 1031? also referred to as a 1031 Exchange or Like-Kind Exchange, and falls under Section 1031 of the Internal Revenue Code. This tax section deals with property value in sale of business or trades and other like sales. Contact us to get your property exchange prepared & filed by a qualified
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§ 1031. Exchange of property held for productive use or investment...Read more law >
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Several terms are out there that are all other names for 1031 Exchanges.
"Starker exchange" is just one of these many terms.
1031 Related News
Deferred Exchanges Of Like Kind Property
Like-kind property can be a variety of business property, not just real estate; it can be any property held for productive use in a trade or business or for investment.
Definition:
In terms of property taxes, the total revenue to be generated by the tax.
Economic Feasibility
Definition:
A project’s feasibility in terms of costs and revenue with excess revenue establishing the degree of feasibility.
Tax Lien
Definition:
(1) A lien for nonpayment of property taxes. Attaches only to the property upon which the taxes are unpaid. (2) A federal income tax lien. May attach to all property of the person owing the taxes.