Do aliens qualify to make 1031 exchanges?

February 18, 2004

Subject:  1031 Exchange
From:  Marie
Date:  Mon, 19 Jan 2004

Is it possible for foreign aliens to benefit from 1031 exchanges? Or must you be a citizen?



Date:  Mon, 02 Feb 2004

Hello Marie,

They do under U.S. tax laws, but foreign real estate is not considered to be like kind to U.S. real estate.

Good luck!
Mike Gray

We have more answers to frequently asked real estate tax questions! We also offer up-to-date information about new tax real estate tax developments in Michael Gray, CPA's Real Estate Tax Letter.

Michael Gray, CPA
2482 Wooding Ct.
San Jose, CA 95128
(408) 918-3162
FAX: (408) 938-0610
Hours: 8am - 5pm PDT Monday - Friday

Find us on Facebook
Follow me on Twitter
Connect on LinkedIn
Connect on Google+
Our Blog
© 2018

Subscribe to Michael Gray, CPA's
Tax & Business Insight

We respect your email privacy