2,139 Transactions in 2022

1031 Exchange


1031 Exchange vs. Cash Refinancing: Which Is Best For You?

1031

If you’re like most real estate investors, you’re continually assessing your portfolio to see if you are spending your money well. That involves exploring your real estate choices to determine if you can extract your value and reinvest in a more successful investment vehicle. You may realize this equity in your assets in one of…Read More→

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Can you buy multiple properties in a 1031 exchange?

1031

Yes. When it comes to 1031 exchange, you can buy multiple properties. In fact, you are allowed to buy up to three properties. But if you want to have more than three properties, a corollary rule of 1031 governs. This is actually possible through a couple of 1031 exchange rules called the 200% and 95% rules….Read More→

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1031 Exchange vs. Delaware Statutory Trust (DST)

1031 Exchange

The concepts on real estate investing can be tricky, especially if you don’t know the basics of each. Here, we have rounded up information about 1031 Exchanges vs. Delaware Statutory Trusts (DST).   Real estate investing has some advantages to boast, such as: The use of leverage to increase returns; Significant tax advantages from “non-cash”…Read More→

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1031 Exchange: Possible Changes In 2022 Due To Biden Administration

1031 Exchange

WHAT IS 1031, AND WHY ARE 1031 EXCHANGES SO SIGNIFICANT?   Generally stated, a 1031 exchange, otherwise called a like-kind exchange, is a swap of one investment property for another. Although most swaps are taxable as sales, if yours meet the requirements provided in 1031, such transfer will not be taxable or will have limited…Read More→

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Advanced 1031 Exchange Strategies

Advanced 1031 Exchange Strategies

Most people are aware of the fact that when you sell a long-term investment, which includes real estate, you have to pay taxes. And generally, taxes don’t come cheap. One of the strategies investors use is the 1031 Deferred Tax Exchange or simply, 1031 Exchange. Since we’ve talked about 1031 Exchange in our previous article,…Read More→

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What are 1031 Exchange Fees?

1031 Exchange Fees  or Accommodator fees

1031 Exchange Fees? Yes, there are costs associated with 1031 exchanges. When you are selling an investment property and decide to do an IRC 1031 tax deferred exchange there are some closing costs that are considered allowable and unallowable expenses. Under §1031 in any sale where the exchanger pays closing costs that are necessary for…Read More→

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10 Things to Know About 1031 Exchanges

10 Things to Know About 1031 Exchanges

(1) A §1031 tax deferred exchange is for investment property only. Land, commercial, or residential property that has been rented out, all qualify. (2) A seller must use a Qualified Intermediary (QI) to act as the safe harbor of their funds (3) You must spend equal to what you sell for minus customary closing costs…Read More→

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IRS Extends Deadlines for 1031 Tax Deferred Exchanges

IRS Extends Deadlines for 1031 Tax Deferred Exchanges

The IRS has extended the deadlines for 1031 tax deferred exchanges. On April 9, 2020, the IRS issued Notice 2020-23 which provides that taxpayers have until July 15th, 2020 to perform all Specified Time-Sensitive Actions, that are due to be performed on or after April 1st and before July 15th, 2020. Download Printable Article (PDF)…Read More→

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COVID-19 and 1031 Exchange Timelines: What Does One Do?

1031 Exchange Timelines

Lets look at 1031 Exchange Timelines and how the pandemic can impact them. In a 1031 Exchange there are timelines to follow. If a seller of an investment property is in agreement to exchange with a Qualified Intermediary when they close on the relinquished property, the clock starts ticking. The taxpayer has 45 days from…Read More→

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What is the timeline in the IRC 1031 Exchange?

What is the timeline in the IRC §1031 Exchange?

Let’s talk about “like kind” in a 1031 exchange. The Internal Revenue Code provides that a taxpayer may sell property and defer the payment of any capital gains tax if that taxpayer uses the proceeds to acquire like kind replacement property.  It is always important to share first, section 1031 of the Code states: No…Read More→

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What is a 1031 Exchange? And why you need it!

§1031 Exchange

Yes if you have any investment property, even if only a parcel of land and you don’t know what a 1031 Exchange is, then you are missing an opportunity to build your wealth through real estate. My goal, I want to educate all homeowners on the basics of a 1031 exchange. First before we dive…Read More→

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What is a 1031 Exchange?

For most investors commercial real estate is leveraged financially. Many of these investments grow in value due to market growth, adding value with improvements like esthetics, new or improved structures and/or good paying tenants. To capitalize on this value the investment(s) are sold and typically rolled into another bigger, better investment(s). In order to for…Read More→

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