How do I avoid recapture and come out ahead if I buy a $40,000 SUV with a gross vehicle weight rating in excess of 6,000 pounds; expense $28,000 of the $40,000 cost; and then sell that SUV next year so that I can buy one of the hybrids? (S.R., South Bend, Ind.)

Easy! You avoid recapture with a Section 1031 deferred exchange. The simple way to effect an exchange is to trade in this SUV on your ... Log in to view full article.