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You are here: Home / Industry News / Like-Kind Exchanges

Like-Kind Exchanges

September 3, 2015 By Geoffrey Disch Leave a Comment

The National Association of Realtors has concluded that “Like-Kind exchanges support the nation’s financial growth, job creation and economy.” It is estimated that in the last 4 years, approximately 63 percent of realtors took part in like-kind transactions, thereby taking advantage of the current tax rules.

Like-kind exchanges can allow investors and businesses to defer capital gains taxes on the exchange of similar properties often to their great advantage. This may allow them better economic use of existing underutilized properties helping to promote local economic development.

A full 86 percent who participate in the exchanges report that the savings from tax deferment allows them to make improvements on their newly acquired properties, thus benefiting the construction and property management industries, as well as themselves.

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Filed Under: Industry News Tagged With: Like-Kind Exchanges

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