Definition:
The exchange, under Section 1031 of the
Internal Revenue Code, of a real property held for investment
or used in a trade or business, for a similar property; it allows
the property holders to defer capital gains.
Use this tool to find CRE related terms, and their corresponding definitions, as they are used in our reports.
Definition:
The exchange, under Section 1031 of the
Internal Revenue Code, of a real property held for investment
or used in a trade or business, for a similar property; it allows
the property holders to defer capital gains.