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) Do I want to purchase a replacement property? You may also want to utilize a 1031 exchange to carry out a mix of business strategies.… Continue reading When can you use a 1031 exchange in real estate?
Closing on a property in under 30 days may appear like a daunting task, making the time limit enforced by the IRS in a 1031 exchange seem like an hourglass that’s running out of sand. Using a Fractional Ownership DST (Delaware Statutory Trust) structure enables investors to easily close a 1031 exchange upleg, or replacement, property acquisition… Continue reading Closing on a Upleg Property in 30 Days or Less
TIP #1: MAKE SURE YOUR FUNDS ARE SAFE You may take this fact for granted. You shouldn’t. The 1031 exchange industry is largely unregulated. In addition, when your 1031 funds are on deposit with a facilitator or intermediary, those funds legally belong to them. This leaves you open to risk if something bad happens to… Continue reading Three Important Tips for 1031 Exchanges
If you’re an investor looking to grow your portfolio, 1031 exchanges are something you should know about. What is a 1031 Exchange? Defined by the IRS Simply, 1031 is a tax code that allows an investor to defer capital gains taxes by reinvesting the proceeds of one business or investment asset into another. Through 1031 exchanges,… Continue reading What Is a 1031 Exchange?