1031 Land Exchange
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1031 exchange - A 1031 exchange or Like kind exchange is defined by section 1031 of the Internal Revenue Code. This code specifies that if an asset, usually some form of real estate such as land or a building, is sold and the proceeds of the sale are then reinvested in a like kind of an asset then no gain or loss is recognized, allowing the deferment of capital gains taxes.
Medieval land terms - The feudal system, in which the land was owned by a monarch, who in exchange for homage and military service granted its use to tenants-in-chief, who in their turn granted its use to sub-tenants in return for further services, gave rise to several terms, particular to Britain, for subdivisions of land which are no longer in wide use. These medieval land terms include the following:
British Land - The British Land Company Plc () is one of the largest property development and investment companies in the United Kingdom. It is headquartered in London and traded on the London Stock Exchange.
Land Securities Group - Land Securities Group plc is the largest property company in Europe and the leading British property development and investment company headquartered in central London. It is traded on the London Stock Exchange and is a constituent of the FTSE 100 Index.
1031landexchange
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