A 1031 Tax Deferred Exchange, also known as a “like-kind” exchange, a “tax-free” exchange or a “Starker Trust”, is a mechanism which allows a seller of business or investment property to sell that property and use the proceeds to purchase a replacement property, while deferring the obligation to pay capital gains taxes which would otherwise arise from such sale. This took can be an invaluable resource for investment property owners seeking to expand or relocate their property portfolio. In order to properly complete a 1031 exchange, it is necessary to retain the services of a Qualified Intermediary, who holds the funds on the seller’s behalf while the seller locates acceptable replacement property. Rattikin Exchange Services, Inc. is more than happy to assist you in facilitating an exchange. More details of the exchange process are set forth in the articles linked in the TLD Library, and at www.rattikinexchange.com.