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Updated almost 6 years ago,

Eric Nelson's profile image
Eric Nelson's profile image
Eric Nelson
  • from Bemidji, Minnesota
  • Member since Feb 2, 2018
Connect

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31
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14
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Eric Nelson's profile image
Eric Nelson's profile image
Eric Nelson
  • from Bemidji, Minnesota
  • Member since Feb 2, 2018
Connect
Eric Nelson
  • Bemidji, MN
14
Votes |
31
Posts
1031 Exchanges

Is there a 1031 style for selling a business

Eric Nelson
  • Bemidji, MN
Posted

I have a friend who is selling his business.  It's not real estate, but it got me thinking.  

Is there some kind of 1031 exchange for moving money when you sell a business into either real estate or another business where you dont have to pay tax on the earnings?

Thanks for your help!

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