Business / Real Estate / Exchanger: The property owner seeking to defer capital gain tax by utilizing an IRS 1031 tax deferred exchange.

Heat Exchanger

Technology / Motors / Heat Exchanger: A device which will transfer the heat from inside the motor to another medium, through a radiator type heat exchanger. MORE

Constructive Receipt

Business / Finance / Constructive Receipt: A short-term loan to finance building costs. MORE

Exchange Period

Business / Real Estate / Exchange Period: The period during which the exchanger must acquire replacement property in the exchange. The exchange period starts on the date the exchanger transfers the first relinquished property and ends on the MORE

No-Choice Rule

Business / Real Estate / No-Choice Rule: If a real estate transaction qualifies as an exchange, it must be treated as an exchange. An exchanger who qualifies for the 1031 tax-deferred exchange has no choice, they cannot recognize the gain or MORE

Entity Rule

Business / Real Estate / Entity Rule: Three entities can hold property: individuals, partnerships and corporations. In the case of a property exchange, the way an exchanger holds property going into an exchange is the way they must hold t MORE

Identification Period

Business / Real Estate / Identification Period: The period during which the exchanger must identify replacement property in a 1031 tax deferred exchange. The identification period starts on the day the exchanger transfers the first relinquished pro MORE