Definitions Of Key Real Estate Terms Beginning With A Number
This article provides the definitions of key estate terms beginning with a number.
721 Exchange
is the IRS code, section 721 which permits an investor to contribute a property a partnership. The investor obtains interest in the partnership called operating partnerships. 721 exchanges are often used by Real Estate Investment Trusts or REITs.
1031 Exchange
is a swap of one real estate investment property for another that allows capital gains taxes to be deferred.
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Definitions Of Key Real Estate Key Terms Numbered
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