This is an exchange technique whereby you can find a buyer for your property, then go out and find what you want to own, ... is an IRS 1031 qualified exchange where the originator of the 1031, say it is you for example, have a buyer for the property. ... As has been stated earlier, the idea of like kind property is not its quality or category, but the intent of ownership. As long as the property (not just real estate) is owned for investment purposes or for use in trade or business, then the IRSanbsp;...
|Title||:||Real Estate Finance and Investment Manual|
|Publisher||:||John Wiley & Sons - 2010-12-21|