1031免税交换 1031 Exchange

关键定义 KEY DEFINITION

1031 Exchange（IRC Section 1031）允许 Real Estate Investor 出售 investment property 后 在 45 天内 identify、180 天内 acquire like-kind replacement property，defer capital gains tax。须 use Qualified Intermediary 持有 proceeds；Personal Residence 和 Dealer Property 不适用。Strict timeline 和 rules—— 错过 deadline 触发 full taxation。