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CO Mortgages & Real Estate Glossary
From 1031 Exchange to 936 Publication

Return to the Real Estate Glossary

721 Exchange - IRS Code, Sec. ยง721 Exchange permits an investor to contribute a property to a partnership. The investor's obtains interest in the partnership called operating partnership units (OP units). 721 exchanges are often used by REITs.

1031 Exchange - A section of the Internal Revenue Code that provides a way for the owners of business and investment real estate to sell their property and buy other like kind property without paying the capital gains tax. Investors are allowed to continue their investment in another property without losing investment equity in taxes.

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Taylor Mortgage Group, LLC

Phone
303-884-9393
Fax
 
720-306-3813

Click Here to Email Us


CO  License:  100013875
NMLS: 385946
Regulated by the Colorado Dept. of Regulatory Agency



Click for the BBB Business Review of this Mortgage Brokers in Elizabeth CO

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