1031 Vocabulary
Mixed-use property
Property the owner uses for dual purposes. Mixed-use property includes a residence, part of which the owner uses as an office, and vacation homes that the owners rent out and use for personal purposes.
 
Home arrow Book Reviews arrow Christian Johnson
Thursday, 11 March 2010
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“The explosion of section 1031 activity begs for a book like Borden’s. Borden has more than succeeded in his goal of balancing “technical description with presentation” in the complicated arena of section 1031 exchanges. His highly readable and comprehensive work will bring order and comprehension to the thinking of property owners, CPAs, brokers, attorneys, and other professionals that practice in the increasingly important area of section 1031. Borden is able to translate such technical terms as improvements exchange, exchange accommodation titleholder, and non-safe harbor reverse exchange into understandable and readable prose.”

Christian Johnson, Tax Law Professor, Loyola University of Chicago School of Law, and Certified Public Accountant
 
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