Like-Kind Property
In the context of a 1031 exchange, real property held for investment or productive use in a trade or business that qualifies as a valid replacement for the surrendered property. Since the Tax Cuts and Jobs Act of 2017, like-kind treatment under 1031 is restricted to real estate -- personal-use property (a primary residence), inventory, and most personal-property categories do not qualify. Within real estate, the like-kind definition is broad: a rental house can be exchanged for a commercial office building, a strip center for raw land, and so on.
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Absorption Rate · AFFO per Share · Allowed Return on Equity · Alternative Investments · Anchor Tenant · Assets Under Management
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