ilmscore | 1031 Like-Kind Exchange Predictions
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Recent Predictions

Total: 3
Correct: 1
Incorrect: 0
Pending: 2
Unrated: 0
Prediction
Author
Predicted at
Status
Video
A 1031 like-kind exchange allows real estate investors to defer capital gains taxes on the sale of a property by reinvesting the proceeds into another like-kind property.
"Except you don't have to pay it with real estate because in real estate you can qualify for somethin..."
Oct 29, 2025
Correct
A 1031 exchange allows investors to defer capital gains taxes by reinvesting profits from the sale of an investment property into a new 'like-kind' property.
"what this says is you can do a like kind exchange and not pay taxes on your profits"
Sep 27, 2024
Pending
A 1031 like-kind exchange allows real estate investors to defer capital gains taxes by reinvesting profits into another investment property.
"what this says is you can do a like kind exchange and not pay taxes on your profits"
Sep 27, 2024
Pending