1031 exchanges defer capital gains by swapping like-kind financial investment residential or commercial properties under strict IRS and timing rules.

https://www.scribd.com/document/976092416/New-York-Real-Estate-Closing-Costs-What-s-Negotiable-and-What-s-Not-145326

1031 exchanges delay resources gains by swapping like-kind financial investment buildings under strict IRS and timing policies.