1031 Exchange Place
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1031 exchange - A 1031 exchange or Like kind exchange is defined by section 1031 of the Internal Revenue Code. This code specifies that if an asset, usually some form of real estate such as land or a building, is sold and the proceeds of the sale are then reinvested in a like kind of an asset then no gain or loss is recognized, allowing the deferment of capital gains taxes.
Exchange Place - Exchange Place can be the name of:
Exchange Place, Jersey City - Exchange Place is an urban area of Jersey City, New Jersey on the shore of the Hudson River, that is sometimes referred to as "Wall Street West". The Goldman Sachs Tower and other buildings are home to many financial corporations.
Exchange Place (PRR station) - Exchange Place was a primary terminal of the Pennsylvania Railroad before 1911, from which passengers from points west would board ferries bound for Manhattan. After 1911, with the establishment of Pennsylvania Station in New York City, the terminal fell into gradual disuse, and was eventually demolished.
1031exchangeplace
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