In the real estate arena, a 1031 exchange means you swap your investment property for another one that allows capital gains taxes to be deferred. The term gets its name from the IRS code Section 1031, which is used commonly by title companies, realtors, and investors. A few people even insist on turning it into a verb, as in: “Let’s 1031 that land for another”.
Top 5 Things to Do in the Southern Black Hills
The Southern Black Hills of South Dakota offer an array of things to see and do; the most noteworthy is a trip to Mount Rushmore. But there’s more. Including Mount Rushmore, here’s a list of five of the best things to do in Southern Black Hills.