Real Estate Practice Test
Open main menu
Home
Private Tutoring
About Us
Practice Tests
Contact Us
Glossary
FAQ
Balanced Exchange
A tax free exchange of properties under Section 1031 of the Internal Revenue code. To be tax free the taxpayer must invest all of the profit from the relinquished property into the replacement property. See also: Boot.
Previous
Next
More Real Estate Definitons
Back To Glossary