1031 Tax Exchange - Breckenridge - Real Estate - Summit County Colorado

Breckenridge Colorado Real Estate - Breckenridge 1031 Tax Exchange

• Ten Mile Exchange Services, Inc., Breckenridge Colorado:
  1031 EXCHANGE: Section 1031 is a provision of the Internal Revenue Code which governs tax-deferred or "Starker" exchanges. The Tax Reform Act of 1984 simplified the rules and regulations governing tax-deferred exchanges. With proper structuring, 1031 allows a taxpayer to dispose of a property (called the "Relinquished Property") and acquire another property (called the "Replacement Property") without incurring a current federal income tax liability. Breckenridge, CO