Global Definitions Database

Access, learn and discover all terms related to the non-listed real estate sector.

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1031 Exchange

The exchange, under section 1031 of the Internal Revenue Code (IRC), of a real property held for investment or used in a trade or business, for a similar property; allows a property holder to defer capital gains associated with the sale of a property

Source: NCREIF | Date: 02 September 2025 | ID: D0876 | Version: 1