
Posts Tagged with: like-kind

Please be advised that contacting Miller Johnson or one of its attorneys by email does not constitute establishing an attorney-client relationship or otherwise confidential relationship between you and the Firm. Please do not give us any information you regard as confidential until a formal attorney-client relationship has been established. Any information you give to us before establishing an attorney-client relationship will not be regarded as privileged or confidential. Do you wish to proceed?
"*" indicates required fields
In this podcast Jim Ens, Cindy Ortega and J.J. Henn discuss Section 1031 Exchanges, also referred to as deferred like-kind exchanges. Topics covered include what is a Section 1031 Exchange and when is it used, what is the benefit of using this sales vehicle, along with who is involved in this type of transaction and what are their responsibilities. Also discussed are things to consider when using a Section 1031 exchange including tax rate at sale versus tax rate at deferral, as well as timelines and restrictions related to this kind of transaction.