Like-Kind Exchange (1031)
Deferred gain
Can You Write Off Like-Kind Exchange?
Short answer: Like-Kind Exchange (1031) — Advanced Tax Strategies
1031 exchange for business real estate (defer capital gains).
Records to keep: Keep receipts and document business use. Deductible if ordinary and necessary for your trade or business.
BW-B9-08119
low risk
Like-Kind Exchange (1031)
Deferred gain
All Industries
Other Expenses
Advanced Tax Strategies
Like-Kind Exchange (1031) — Advanced Tax Strategies
BizWriteOffs provides educational information only and is not tax, legal, or accounting advice. Deductibility depends on your specific facts and records. Consult a qualified tax professional.
Business justification
1031 exchange for business real estate (defer capital gains).
Category
- Advanced Tax Strategies
advanced tax strategies
advanced tax
like kind exchange (1031)