Hospitals and Medical Clinics Can Defer Gain with 1031 Exchange

Posted by Andy Gustafson on Mon, Aug 23, 2010

Hospitals and medical clinics can defer capital gain when selling and replacing equipment through a 1031 exchange. The equipment is personal property and any personal property used in a business is eligible for 1031 consideration. 

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Tags: 1031 medical practice, 1031 exchange, hospitals

Medical, Dental and Veterinary Practice 1031 Exchange

Posted by Andy Gustafson on Mon, Aug 16, 2010

When selling a medical, dental, chiropractic, optometry, podiatry, psychiatric, psychology or veterinary practice, consideration should be given to the tax implications. One way to defer capital gain and recaptured depreciation taxes is through a 1031 exchange

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Tags: 1031 dental practice, 1031 veterinary practice, 1031 medical practice

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