Archives
The Internal Revenue Code 1031 (IRC 1031) property exchange refers to the process of allowing an investor or property owner to exchange a property for another property as a way to defer payment of state and federal capital gain taxes. Of course there are other components of the code, including the type of properties that [...]
When an investor uses the 1031 tax deferred exchange they will avoid paying large capital gain taxes; however, there are other costs and transactions fees involved. The fees involved usually have to do with fair compensation for services performed by a Qualified Intermediary that are above and beyond their normal scope of required duties. When [...]
Naturally, every real estate investor wants to know how to make the Internal Revenue Code 1031 work best for them. They may think it is just for investors who have multi-million dollar properties, however that is incorrect. If an investor wants to sell their property, not have to manage real estate again and have their [...]
Whether you own a property free and clear or still owe on it, you can reap the benefits if you exchange properties. A real estate 1031 exchange is a good option for those who have an investment property or business that they want to sell but are concerned about taxes, as they can take advantage [...]
The Internal Revenue Code 1031 (IRC 1031) property exchange refers to the process of allowing an investor or property owner to exchange a property for another property as a way to defer payment of state and federal capital gain taxes. Of course there are other components of the code, including the type of properties that [...]
As a real estate investor you may be wondering how to make the most of the Internal Revenue Code 1031. You may even think that it works only for those investors with multi-million dollar properties but you would be wrong. If you want to have your cake and eat it too, as in selling your [...]
A 1031 exchange is a great option to use if you have a business or investment property that you would like to sell but have concerns about taxable recapture. When you exchange properties there are some significant tax deferred benefits, whether you still owe on the property or if you own it outright. The Internal [...]