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Tax Tip #4 Like-Kind Exchange Transaction

Published Tuesday, September 17, 2019 8:30 am

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Taxpayers may be able to utilize a like-kind exchange transaction to defer taxes on a real estate sale if gross proceeds are properly invested in another piece of property. The rules for handling the funds and the timing of transactions are key in this type of situation.

To learn more about the specifics of how this may apply to your real estate transaction, contact Amanda Fricton, CPA at (770) 287-7800 or email at Stay tuned for more tax tips or follow them on our social media accounts every #TaxTipTuesday!

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