Nolo's Plain-English Law Dictionary

Legal Dictionary Home

Need Professional Help? Talk to a Lawyer
Enter Your Zip Code to Connect with a Lawyer Serving Your Area
searchbox small
1031 Exchange
A method of selling business or investment property but deferring payment of capital gains taxes by reinvesting the proceeds of the sale in another business or investment property.


Need Legal Help?

Get Informed Check out our thousands of free articles on everyday legal topics--they're accurate, up to date, and written in plain English.
Do It Yourself With Nolo's easy-to-use books, legal forms, online services, and software, you can handle many routine legal tasks yourself.
Talk to a Lawyer Just enter your zip code to connect with a lawyer serving your area.
LA-WS5:0.9.22.120522.13848+