5 Tips for Utilizing a 1031 Like-kind Exchange for Your Future Business

Deferring taxes through a 1031 like-kind exchange requires careful attention and adherence to established prerequisites and rules. As a result, a STEM-based education can play an integral role in submitting a successful application for this benefit. With organizations such as the Applied Cooperative for Education in STEM (ACES) working to enhance student knowledge of best practices for such processes, striving to understand how to fill out a 1031 like-kind exchange properly is a thoroughly future-facing thing to do, but in your best interests overall.

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