Under Section 1031 of the United States Internal Revenue Code, a taxpayer may defer recognition of capital gains and related federal income tax liability on the exchange of certain types of property, a process known as a 1031 exchange. (Definition Credits to Wikipedia) . With that, we have compiled a comprehensive list of 1031 Exchange guides on how to process 1031 exchanges for different types of properties and businesses.
Our team specializes in the acquisition of mineral rights, royalties, overriding royalty and non-operated working interests. Contact us to learn more about how we can assist you.