Make Extra Cash At Home - When looking for investment properties, you may have come across something called 1031 NNN triple-Net leases and passed them by, not discovering what they arehis article will help you find out them in plain language: what they are, how they work and what's involvedhat is 1031he number 1031 refers to Section 1031 of the IRS codeiven that of the code, a real estate owner with an investment residence can get rid of it and obtain another property like it without paying capital gains taxest genuinely is at the same time called a Like-sort exchangehile Like-sort exchanges can happen anywhere in the same country, they don't apply for houses in different countriesor instance, while a real estate owner can exchange one house in the Uor another in the U., they cannot exchange the Uesidence for one in a foreign country, and vice versahe actual IRS wording defines a Like-kind exchange when "no gain or loss is recognized on the exchange of house held for produc ... [Read More : Make Extra Cash At Home]
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