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An exchange qualifying under I. The deferral of capital gains afforded by Section 10like- kind exchanges make them an extremely attractive choice in a wide variety of circumstances. Economists consider the like- kind exchange a smart lever for growth. Congress should too,” she writes. She warns that cutting 10exchanges would negatively. Like- kind refers to the nature of the investment rather than the form.

Any type of investment property can be exchanged for another type of investment property. A 10exchange, also known as a like- kind exchange , is a tax-deferred transaction that allows for the disposal of a real property asset and the . The quality or grade of the property is insignificant in its qualification for a 10exchange real estate allowance. For example, most real estate will be like- kind to. Gain deferred in a like- kind exchange under IRC Section 10is tax-deferre but it is not tax-free.

The exchange can include like-kind property exclusively or it. For you to not recognize gain on property involved in a 10, or like- kind , exchange , you must ensure that the replacement property is being held for investment . Wells Fargo can act as Qualified Intermediary or Qualified Trustee to help you maximize the benefits of your 10exchange.