A 1031 Exchange refers to a particular part of the US federal tax code that allows

A. taxpayers to forego capital gains tax when they sell their home and soon after buy another personal residence.

B. owners of business or investment property to forego capital gains tax when one property is sold and the equity is reinvested in another property

C. taxpayers to liquidate stocks for immediate investment in real estate, forgoing capital gains tax on the stock sale.

D. Real estate investors to liquidate investments once every 4 years with a 25% reduction in capital gains taxes paid.