Section 1031 of the Internal Revenue Code provides that no gain or loss shall be recognized on the exchange of property held for productive use in a trade or business. Title Services is well versed in closing Relinquished Property and Replacement Property transactions and we use local Qualified Intermediaries when possible. We also have extensive experience in conducting Reverse 1031 Exchanges.
Have questions about Section 1031 Exchange transactions? Please contact one of our attorneys for more information.