Aircraft Exchange

A I R C R A F T
M AN Y P E O P L E AR E U N AW AR E T H AT
S E C T I O N 10 3 1 O F T H E I N T E R N AL
R E V E N U E C O D E AP P L I E S T O AI R C R AF T &
AI R P L AN E S AS W E L L AS R E AL E S T AT E
10 3 1 E X C H A N G E
T I M E L I N E S & V A L U E
R E Q U I R E M E N T S
F O R W A R D O R R E V E R S E E X C H A N G E
L I K E - K I N D R E Q U I R E M E N T
AN AI R C R AF T E X C H AN G E M U S T AB I D E B Y T H E S T AN D AR D
18 0 D AY / 45 D AY 10 3 1 E X C H AN G E R E Q U I R E M E N T S .
I N O R D E R T O D E F E R 10 0 % O F Y O U R G AI N S , Y O U R N E W
R E P L AC E M E N T AI R C R AF T S H O U L D B E E Q U AL O R G R E AT E R
I N V AL U E T H AN Y O U R O L D R E L I N Q U I S H E D AI R C R AF T , AN D
AL L O F Y O U R E Q U I T Y F R O M T H E S AL E S H O U L D B E
R E I N V E S T E D I N T O Y O U R N E W AI R C R AF T .
AI R C R AF T C AN B E E X C H AN G E D I N E I T H E R A F O R W AR D 10 3 1
E X C H AN G E O R R E V E R S E 10 3 1 E X C H AN G E .
© 20 16 C O M M E R C I AL P AR T N E R S E X C H AN G E C O M P AN Y , L L C
YOUR E XCH ANGE H AS T O BE OF LIKE - KIND (OR IN T H IS
CASE OF LIKE - CLASS) PROPE RT Y. GE NE RALLY, ALL US AIRCRAFT ARE
CONSIDE RE D LIKE - KIND T O ANY OT H E R US AIRCRAFT IF T H E Y ARE
LIST E D IN T H E SAME GE NE RAL- ASSE T - CLASS (00.21 SE T OUT IN
RE V. PROC 87- 56) OR FOR COMME RCIAL AIRCRAFT CARRYING
PASSE NGE RS OR FRE IGH T IN T H E SAME SIX- DIGIT NAICS PRODUCT
CLASS (IN SE CT ORS 31, 32 AND 33).
877.373.1031 CPEC1031.com

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Aircraft Exchange

  • 1. A I R C R A F T M AN Y P E O P L E AR E U N AW AR E T H AT S E C T I O N 10 3 1 O F T H E I N T E R N AL R E V E N U E C O D E AP P L I E S T O AI R C R AF T & AI R P L AN E S AS W E L L AS R E AL E S T AT E 10 3 1 E X C H A N G E T I M E L I N E S & V A L U E R E Q U I R E M E N T S F O R W A R D O R R E V E R S E E X C H A N G E L I K E - K I N D R E Q U I R E M E N T AN AI R C R AF T E X C H AN G E M U S T AB I D E B Y T H E S T AN D AR D 18 0 D AY / 45 D AY 10 3 1 E X C H AN G E R E Q U I R E M E N T S . I N O R D E R T O D E F E R 10 0 % O F Y O U R G AI N S , Y O U R N E W R E P L AC E M E N T AI R C R AF T S H O U L D B E E Q U AL O R G R E AT E R I N V AL U E T H AN Y O U R O L D R E L I N Q U I S H E D AI R C R AF T , AN D AL L O F Y O U R E Q U I T Y F R O M T H E S AL E S H O U L D B E R E I N V E S T E D I N T O Y O U R N E W AI R C R AF T . AI R C R AF T C AN B E E X C H AN G E D I N E I T H E R A F O R W AR D 10 3 1 E X C H AN G E O R R E V E R S E 10 3 1 E X C H AN G E . © 20 16 C O M M E R C I AL P AR T N E R S E X C H AN G E C O M P AN Y , L L C YOUR E XCH ANGE H AS T O BE OF LIKE - KIND (OR IN T H IS CASE OF LIKE - CLASS) PROPE RT Y. GE NE RALLY, ALL US AIRCRAFT ARE CONSIDE RE D LIKE - KIND T O ANY OT H E R US AIRCRAFT IF T H E Y ARE LIST E D IN T H E SAME GE NE RAL- ASSE T - CLASS (00.21 SE T OUT IN RE V. PROC 87- 56) OR FOR COMME RCIAL AIRCRAFT CARRYING PASSE NGE RS OR FRE IGH T IN T H E SAME SIX- DIGIT NAICS PRODUCT CLASS (IN SE CT ORS 31, 32 AND 33). 877.373.1031 CPEC1031.com