1031 Exchange Definitions and Terms
The amount of jargon used to describe a 1031 exchange can be mind-boggling! Use this 1031 exchange term and definition guide to help translate lawyer-speak to layman’s terms.
The amount of jargon used to describe a 1031 exchange can be mind-boggling! Use this 1031 exchange term and definition guide to help translate lawyer-speak to layman’s terms.
It’s at once simple — you buy your replacement property first, and then sell your old property — and complex, with many potential downfalls for investors.