An industry - backed study released earlier this year said exchanges under section 1031 lead to less debt and that 88 percent of the properties that are exchanged are later sold in taxable transactions. (bloomberg.com)
It helps to document taxable transactions without requiring investors to go through each exchange one - by - one. (cryptotaxprep.com)
If you take a look, you may be surprised to see just how many taxable transactions you performed last year. (cryptotaxprep.com)