1031 Exchange and Capital Gains

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Name:Steven Hickox
Location:Denver, Colorado, United States

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Tuesday, September 27, 2005

1031x and property taxes

 
HI
 
I AM JUST GETTING FAMILIAR W/1031'S.
ARE LOCAL REAL ESTATE TAXES DEFERRED AS WELL?
THANKS  E.
 
Dear E:  Section 1031 deals with the deferral of income tax.  Generally both Federal and State income tax is deferred.  Local property taxes are not deferred.  Please let us know if we can be of help to you.  Sincerely,
  

posted by Steven Hickox | 3:38 PM