3 Things To Consider Before Going For A Like-Kind Exchange

Full Service 103116 Nov, 2022Other

For those who do not know, a like-kind exchange of property is done as per Section 1031 of the IRS code, which enables you to defer capital gains taxes. You can defer the taxes if you invest in a like-kind property following the standard procedure. The only thing you need to do is to seek professional assistance or work with a qualified intermediary. If you wish to know more about a like-kind exchange in Washington state, you should contact the concerned professionals.