Making Your 1031 Exchange a Success
Keep your focus on the rules and guidelines of the 1031 exchange and make sure you are following them closely…
Keep your focus on the rules and guidelines of the 1031 exchange and make sure you are following them closely…
You can start planning early for your 1031 exchange. There are many planning ideas that can result in a smoother process with better results for the exchanger…
To defer 100% of taxes in a 1031 exchange a taxpayer must trade “up or equal” in value…
It’s true that there are no statutory requirements that a contract or purchase and sale agreement contain language specifying that one of the parties is taking part in an IRC §1031 tax deferred exchange…
The IRC §1031 tax deferred exchange allows a real estate investor to defer capital gains tax they would have recognized when they sold their investment real estate…
In a 1031 exchange, the taxpayer who owns the relinquished property must be the same taxpayer who takes ownership of the replacement property…
The IRS has not been clear on this issue and has never come out with a list of qualifying expenses. Based on various ruling we can piece together some general guidelines…