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EXCHANGERS INTERMEDIARY SERVICE, INC.
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H. J. "Jim" Crowley, CCIM, SEC President 7001 Corporate Dr, Suite 271 Houston, Texas 77036 Phone: 713.661.4577 Toll free: 888.260.1434 |
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What is a 1031 Exchange?
Section 1031 of the Internal Revenue Code provides that no gain or loss on an exchange of real estate will be recognized for tax purposes provided that "property held for productive use in a trade or business or for investment is exchanged solely for property of a 'like kind'; which is also intended for use in a trade or business or for investment." | Facilitating 1031 Exchanges and providing Exchange Consulting Service for over a decade
| Neither Exchangers Intermediary Service, Inc. nor Jim Crowley is an accountant or a lawyer and nothing in this website should be used as tax advice. We will work with your tax advisor(s) to structure an exchange of benefit to you. |
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