Virginia 1031 Exchange – What Are the Requirements for a 1031 Exchange in VA?

Hi. Claudia Kiernan with IPX1031.

I will be speaking about 1031 exchanges involving the sale of property located in the state of Virginia.

Virginia follows section ten thirty one, which is a federal tax code. This means you can complete an exchange by selling a property in Virginia and buying investment property anywhere in the United States. This will defer up to one hundred percent of the capital gains, state and federal.

If you have any questions about this or any other 1031 topic, please visit our website or feel free to contact me directly. I’m happy to help.

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