Jeremy Richard Streynsham Hunt (born 1 November 1966) is a British Conservative Party politician who has been Member of Parliament (MP) for South West Surrey since 2005 and served in the Cabinet from 2010 to 2019. He identifies as a one-nation.
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Thanks to IRC Section 1031, a properly structured 1031 exchange allows an investor to sell a property, to reinvest the proceeds in a new property and to defer all capital gain taxes. irc section 1031 (a)(1) states: “No gain or loss shall be recognized on the exchange of real property held for productive use in a trade or business or for investment, if such real property is exchanged solely.
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