What is IRC Section 1031? Section 1031 of the Internal Revenue Code allows an owner of an investment property to exchange property and defer paying federal and state capital gain taxes (up to 15% Federal, 25% deprecation recapture and applicable state taxes) if they purchase a “like-kind” property following the rules and regulations of the […]
Lakeshore Realty is an independently owned and operated brokerage and is an Equal Opportunity Employer and supports the Fair Housing Act. All information provided is
obtained from various sources and has not been, and will not be, verified by Broker or MLS.
All information should be independently reviewed and verified for accuracy.
Copyright Lakeshore Realty 2024. Privacy Policy.
"*" indicates required fields
"*" indicates required fields
