Discover the 10 essential rules for using a 1031 exchange: timing deadlines, like-kind property requirements, tax deferral, what qualifies, and frequent pitfalls to avoid.
Sec. 1031 like-kind exchanges enable tax deferral in complex real estate deals, including multi-property, reverse, and ...
Are you thinking about selling a business or investment property that could result in a substantial profit, and consequently, a large tax bill? You may be able to take advantage of a popular tax break ...
Tax deferral is one of the most powerful strategies for real estate investors, but not all provisions of the Internal Revenue Code (IRC) work the same way. Two sections in particular, Section 1031 and ...
The IRS focuses on your investment intent—there’s no official minimum holding period for a 1031 exchange property. Most tax advisors recommend holding the property for at least one to two years to ...
Selling real estate can turn a large profit, but it also comes with a large tax bill. That's where a 1031 exchange comes in handy: by offering you a deferred tax break. But 1031 exchanges are ...
Real estate investors may be familiar with traditional tax-deferred exchanges like 1031s that involve selling a property and then buying a similar or “like-kind” replacement property. The lesser-known ...
Selling real estate for more than you paid for it is a good thing, but depending on the amount of your profit, it could trigger a tax liability known as the capital gain tax. However, there are some ...
Section 1031 of the Internal Revenue Code allows you to avoid taxes on investment property when you buy another property – if you follow the rules. There are four ...
Here’s the good news: The real estate your about-to-retire client owns has increased in value significantly since they bought it. The not-as-good news: If they were to sell that property, they’d ...
Real estate investors may know traditional tax-deferred exchanges like 1031s that typically involve selling a property and then buying a similar or “like-kind” replacement property. The lesser-known ...