The current tax code took away 1031 rights to personal property such as private aircraft, art, and other capital gains tax-related personal property; would this strategy work on something like a private aircraft as well as other personal p

Created by Client Experience Team, Modified on Wed, 15 May, 2024 at 2:31 PM by Client Experience Team

Yes. The Deferred Sales Trust is not a 1031 exchange and can be applied to personal property. Please contact us to discuss further.