Identifying 1031 Exchange Properties
Internal Revenue Services has set strict regulations that run 1031 exchange properties. There are codes and regulation that IRS has set for any exchange to take place but many of the exchanges fail because the investors fail to meet all the requirements.The main mistake made by many investors is the identification of the replacement property. For an investor not to make those mistakes, some things need to be put into consideration. Many details should be put in place when categorising exchange properties. Investors can easily jeopardise the planned exchanged from happening because of lacking the knowledge … Read More