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.
If you own investment property — such as a house, condo, apartment building or commercial property that you rent out — you usually have to pay a capital gains tax on the profits when you sell the ...
A 1031 Exchange is a powerful tax-deferral strategy that allows real estate investors to sell an investment property and reinvest the proceeds into another like-kind property—without paying capital ...
A 1031 exchange can make it possible for your clients to defer taxes on the sale of a property by exchanging it for another like-kind property of equal or greater value. This tactic can help them keep ...
Some of the country’s richest people got their start by investing in real estate, reinvesting their profits and growing an empire. And one tool that makes this possible is the 1031 exchange, which is ...
Investors are keen to the fact that real estate generates diverse investment benefits. At the same time, it requires oversight and hard work. Income is the first benefit that comes to mind, but ...
A 1031 exchange is a powerful tax-deferral tool, provided you meet strict IRS deadlines. In response to COVID-19, the IRS has temporarily loosened those deadlines. Here's what a 1031 exchange is and ...
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 ...
Kiah Treece is a former attorney, small business owner and personal finance coach with extensive experience in real estate and financing. Her focus is on demystifying debt to help consumers and ...
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 ...
A 1031 exchange lets you swap investment properties tax-free, enhancing your investment funds. Only "like-kind" investment properties qualify for 1031 exchanges, not personal residences. Delayed 1031 ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results