1031 Exchange

1031 property rules

Understanding 1031 Exchange Property Rules

We assume you to be aware of the term ‘1031 exchange’. In case you aren’t, a 1031 exchange is a real estate exchange process that allows investors to differ capital gains taxes. Generally, on exchanging one property for another ‘like-kind’ … Read More

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1031 property

1031 Exchange: Leave Your Heirs With Assets Not Liabilities

As experts claim, the best way to make the most out of 1031 exchanging is to “swap till you drop.” Swap An investor can maintain the cycle of swapping real estate constantly and continue to defer paying capital gains taxes … Read More

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1031 property

How Beneficial Is 1031 Exchange For Investors?

You can use a 1031 exchange to defer 100% capital gains tax if you reinvest the proceeds from the previous or relinquished property into another like-kind property. Using a 1031 exchange, investors can defer capital gains taxes, which they otherwise … Read More

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Strategies To Convert Your Vacation Home Into 1031 Exchange

1031 exchange is an exchange that got its existence from section 1031 of the IRC (Internal Revenue Code). When the property investor decides for an investment, he can choose 1031 exchange as an option. Under this, an investor can sell … Read More

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1031 property exchange

Where Should You Invest Your 1031 Exchange Proceeds?

Obviously, the reason you choose a 1031 exchange was that you wanted to swap your non-performing asset with a premium property without being taxed. With the proceeds in your hands, you must be hunting properties one after another. You can … Read More

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1031 property list

How Should You Approach Your 1031 Property Identification?

A real estate investment can excite you to a great extent. However, it would help if you studied it as an investor before investing. Otherwise, you will find yourself in a no man’s land at some point in time during … Read More

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How To Perform A Successful 1031 Exchange?

The relinquished and replacement properties must be ‘like-kind.’ As per the IRS, ‘properties are considered like-kind if they are similar in nature or character, irrespective of grade or quality.’ 1031 exchange rules state that the relinquished property and the replacement … Read More

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1031 property

What you should know about different types of 1031 investment property exchanges?

The established real estate investors in the U.S. are already familiar with 1031 exchanges. According to 1031 exchanges, reinvest the proceeds from the sale of any investment property into like-kind property investment in order to defer capital gains tax. This … Read More

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1031 replacement property

Why 1031 Replacement Properties Succeeds

1031 exchange is the tax-deferred exchange under which the investor can defer the capital gain taxes on the exchange of like-kind properties. The term like-kind here means the properties that are similar in nature. The mandatory criterion for the 1031 … Read More

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DOs and DON’Ts Of a 1031 Exchange

DOs: Hire a Qualified Intermediary to keep your exchange proceeds. If you get your hands on the proceeds from the sale of your relinquished property, it will disqualify your 1031 exchange. A Qualified Intermediary is an individual who handles 1031 exchange … Read More

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