Tax-Efficient Exchange via Sec. 1031 . . . Safe Ex?

The Section 1031 Exchange mechanism has been a means of affluent people getting and keeping fortunes since the 1920s. Though it has in recent years been reaffirmed by the IRS, one has to be concerned that the device may not survive the coming drive for higher tax revenue from high-income earners.

But on the other hand, the Obama administration is keen on big thinking. This is small beans in the overall scheme of things, and may just escape their attention. So for as long as it lasts, one ought to know what it is and how to use it.

I believe my article on Section 1031 Exchanges is the clearest, most informative, and overall best brief treatment of the subject. It is available for free for a limited time at http://www.dhsmith.net/1031s.pdf and I am glad to consult with readers on it.