Section 1031 Lunch N Learn
Greater Iowa City Area HBA Conference Room 11 South Gilbert St, Iowa City, IA, United StatesPeople pay Federal and State taxes when they have gain/profit on the sale of investment property. However, in an even trade (or if the investor trades their investment property in for more-expensive property) there is no income/profits which could be used to pay taxes. Under some circumstances, investors can use a “Section 1031 exchange” to […]