a guide to selling your ranch: 1031 tax-deferred exchanges
Understanding the 1031 Tax-Deferred Exchanges One of the most beneficial yet underutilized mechanisms in rural real estate transactions is the 1031 tax-deferred exchange. Named after Section 1031 of the Internal Revenue Code, this exchange allows farmers, ranchers, and rural land buyers to defer capital gains tax when selling their property, provided they reinvest the proceeds […]
