Is there a 1031 Exchange in the Philippines?

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Is there a 1031 Exchange in the Philippines?

2006-12-08 23:28:50 · 1 answers · asked by denxxchua 3 in Business & Finance ➔ Investing

1 answers

IRC Section 1031 is a portion of the taxation code in the US. Hence, the tax-deferred exchange you ask about is an American invention. You need to check with a Filipino accountant or tax attorney to determine the most favorable tools available in the Philippines for dealing with appreciated real estate.

I am a California real estate broker who has no experience in investing in the Philippines.

Best of success.

2006-12-09 13:39:06 · answer #1 · answered by Thinker 5 · 0⤊ 0⤋