Five things you should know – 1031 Exchange rules
Here are some 1031 exchange rules that you will need to consider when doing a 1031 Exchange. 45 Days To Nominate. 180 Days to Close Once you sell your investment Continue Reading
When can you use a 1031 exchange in real estate?
QUESTIONS When should you use a 1031 Exchange? There are two main questions to ask yourself: 1) Will I incur capital gains tax when I sell my investment property? 2) Continue Reading
The History of 1031 Exchanges
The United States Congress enacted the first exchange statute through the Revenue Act of 1921. The act, which allowed both like-kind and non-like-kind exchanges for a legal, regulated tax-deferred exchange Continue Reading
Misconceptions About 1031 Exchanges
A wise investor’s vehicle for deferring capital gains taxes or depreciation recaptures, 1031 exchanges were first adopted by the IRS in 1954. That’s when the present day definition of a Continue Reading
Avoiding Financing Obstacles Through a DST
A 1031 exchange has some challenges built in, and a key obstacle to exchange success can be identifying suitable replacement properties within 45 days and securing financing and closing on Continue Reading
Delaware State Trust for Landlords Who Are Tired of the Management Hassles
On paper, your real estate investments have been a great success. You bought three rental houses 20 years ago for $150,000 each. They’re now fully depreciated, and you can net Continue Reading
Banking Your Time With a DST
Albert Einstein said, “The only reason for time is so that everything doesn’t happen at once.” How often to you feel like you’re racing against the clock while multiple responsibilities Continue Reading
The New Tax Law and Like Kind Exchanges
On December 22, 2017, President Trump signed the Tax Cuts and Jobs Act, enacting sweeping changes to the U.S. tax framework which took effect at the beginning of 2018. The Continue Reading
What Is a Qualified Intermediary?
The Treasury Department governs 1031 exchanges, and they’ve made one thing very clear: These are not do-it-yourself real estate ventures. In fact, you won’t be able to use your parents, Continue Reading
A Quick Look at 1031 Rules
Who Qualifies? If you own an investment or business property, you can qualify for a 1031 exchange, whether you’re an individual, C or S corporation, partnership, or LLC. Same Taxpayer Continue Reading