26 CFR · Internal Revenue
§ 1.1031(d)-1T — Coordination of section 1060 with section 1031 (temporary).
26 CFR § 1.1031(d)-1T
This text of 26 C.F.R. § 1.1031(d)-1T (Coordination of section 1060 with section 1031 (temporary).) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
26 C.F.R. § 1.1031(d)-1T (2026).
Text
§ 1.1031(d)-1T Coordination of section 1060 with section 1031 (temporary).
If the properties exchanged under section 1031 are part of a group of assets which constitute a trade or business under section 1060, the like-kind property and other property or money which are treated as transferred in exchange for the like-kind property shall be excluded from the allocation rules of section 1060. However, section 1060 shall apply to property which is not like-kind property or other property or money which is treated as transferred in exchange for the like-kind property. For application of the section 1060 allocation rules to property which is not part of the like-kind exchange, see § 1.1060-1(b), (c), and (d) Example 1 in § 1.338-6(b), to which reference is made by § 1.1060-1(c)(2).
[T.D. 8215,
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Related
Nearby Sections
11
§ 1.1031(a)-3
Definition of real property.§ 1.1031(b)-2
Safe harbor for qualified intermediaries.§ 1.1031(c)-1
Nonrecognition of loss.§ 1.1031(d)-1
Property acquired upon a tax-free exchange.§ 1.1031(d)-2
Treatment of assumption of liabilities.§ 1.1031(e)-1
Exchange of livestock of different sexes.§ 1.1031(j)-1
Exchanges of multiple properties.§ 1.1031(k)-1
Treatment of deferred exchanges.Cite This Page — Counsel Stack
Bluebook (online)
26 C.F.R. § 1.1031(d)-1T, Counsel Stack Legal Research, https://law.counselstack.com/cfr/26/1/1.1031(d)-1T.