A 1031 exchange is a swap of onereal estateinvestment property for another that allowscapital gains taxesto be deferred. The term—which gets its name fromSection 1031of theInternal Revenue Code (IRC)—is often
In order to qualify for a 1031 exchange you must be exchanging "The land, and everything that is permanently attached to the land, and all of the rights of ownership of that property. Real property is typically classified according to its general use as either residential, commercial, agricult...
A section 1031 tax-deferred exchange is a way that real estate owners can sell investment real estate and buy a replacement piece, or pieces, of investment real estate while deferring both the capital gains tax as well as any depreciation recapture tax. Many private investors use this as a ...
Historically, citizens could perform a like-kind exchange on any type of personal property, such as franchise licenses, aircraft, and equipment. However, that changed under theTax Cuts and Jobs Act of 2017, which no longer allows 1031 exchanges for personal property. Only real estate qualifies u...
What is a 1031 Exchange? The purpose of a 1031 exchange is to defer the payment of taxes on some or all of the capital gain in real property being sold. Anyone who is thinking about selling a business use, rental or investment property, and has a gain or taxable recapture, may want ...
Trading Spaces: The 1031 Exchange Is a Handy Tool for Building a Real Estate PortfolioSwapping homes is not just a good idea for a makeover reality show. Knowledgeable real estate...By BrinkleyRene
Exactly is a 1031 Exchange - In commercial real estate investing, the 1031 Exchange structure has attained huge popularity - Eligible for the 1031 Exchange, Delayed Exchange, NNN properties, Build Net Worth
What is a REIT (Real Estate Investment Trust), and why should you consider investing in this hassle-free commercial real estate option today.
800-410-1031 1 2 3 4 5 Previous Next Defer Capital Gains Tax & Make More on Your Investments Grow Your Real Estate Wealth Faster Are you putting off selling investment property because you dread paying potentially tens of thousands of dollars in capital gains taxes to the IRS? Discover how...
Understanding the Basics of a 1031 Exchange A 1031 exchange, also referred to as a like-kind exchange, is a tax-deferral strategy that allows real estate investors to sell an investment property and reinvest the proceeds into another qualifying property, while deferring the capital gains tax. ...