1031 Exchange

1031 Exchange,

Definition of 1031 Exchange:

  1. 1031 Exchange refers to Exchange of immovable property with deferred tax which serves to meet or even avoid taxes on capital gains.

Literal Meanings of 1031 Exchange

Exchange:

Meanings of Exchange:
  1. The act of giving and receiving other people in return (especially of the same type or price).

Sentences of Exchange
  1. Negotiations led to land exchanges for peace

Synonyms of Exchange

swap, trading, trade, switch, reciprocity, barter, trafficking, swapping, trade-off, change, giving and taking, interchange, traffic, bandying