{"data":{"id":"us/26-cfr-1.1031-d-1t","jurisdiction":"us","citation":"26 CFR 1.1031(d)-1T","heading":"(d)-1T Coordination of section 1060 with section 1031 (temporary).","body":"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).","path":["Title 26—Internal Revenue","CHAPTER I—INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY","SUBCHAPTER A—INCOME TAX","PART 1—INCOME TAXES"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-26.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:25:11Z","sha256":"576701ec627e265b3d2f472310edb6882cf846ccf7b0877770d87fe22f50e11a","source_id":"us-cfr","stale":true,"prev":"us/26-cfr-1.1031-d-1","next":"us/26-cfr-1.1031-d-2"},"notice":"GroundRules: Original legal text. Not legal advice."}