1031 exchanges delay capital gains by swapping like-kind investment residential properties under rigorous IRS and timing regulations.

https://www.scribd.com/document/981262168/New-York-Realty-Closing-Costs-What-s-Negotiable-and-What-s-Not-184487

1031 exchanges postpone capital gains by swapping like-kind financial investment properties under rigorous internal revenue service and timing policies.