Capital Gains?   Benefits of a 1031 Exchange  The sale of a business or investment asset, whether it is real estate or capital equipment, can create a large tax liability. A properly structured tax deferred exchange under Internal Revenue Code §1031, however, allows businesses and individuals to defer the recognition of the capital gains or other taxes associated with the sale of most business or investment assets, as long as new assets are purchased to replace the existing assets. In general, most tax deferred exchanges are structured either as a real property or a personal property exchange. Real property exchanges include only interests in real property, while personal property exchanges encompass virtually all other types of property. Visit IPX (Investment Property Exchange Services for more information. To request more information regarding the advantages of utilizing Internal Revenue Code §1031 to defer your capital gains taxes and maximize your equity roll over, CLICK HERE Your information will be sent to you promptly.