1031 Exchange Tax Deferral

1031 Exchange TaxThe capital gain and recaptured depreciation tax imposed when a capital asset is sold is one reason of many justifying a 1031 exchange. Other reasons to consider include cash flow, location, appreciation, asset preference and labor intensity.

The taxes triggered upon sale or real and personal property may include:

  • Federal and State Capital Gains;
  • Possible County Capital Gains;
  • Recaptured Depreciation;
  • Sales Tax;
  • Use Tax;
  • Excise Tax.