This refers to the tax delayed exchange in the buyer’s ownership of a sales contract on a real estate site for a different property. It can also be for a option or contract on different real estate. It is a 1031 exchange of an open option to purchase as compared to a 1031 exchange of the intrinsic real estate itself.
Contract 1031 Exchange
This refers to the tax delayed exchange in the buyer’s ownership of a sales contract on a real estate site for a different property. It can also be for a option or contract on different real estate. It is a 1031 exchange of an open option to purchase as compared to a 1031 exchange of the intrinsic real estate itself.