Sec. 1031 like-kind exchanges enable tax deferral in complex real estate deals, including multi-property, reverse, and ...
Discover the 10 essential rules for using a 1031 exchange: timing deadlines, like-kind property requirements, tax deferral, what qualifies, and frequent pitfalls to avoid.
Tax deferral is one of the most powerful strategies for real estate investors, but not all provisions of the Internal Revenue Code (IRC) work the same way. Two sections in particular, Section 1031 and ...
When investors want to diversify their portfolios, they often consider real estate. But if you’re interested in real property, you need to know the ins and outs of purchasing and selling. One method ...
Real estate investing is a choice investment option for many people. If you’re interested in growing your own real estate empire, minimizing your taxes helps you maximize your income. Using a 1031 tax ...
Looking to sell an investment property but don’t want to pay taxes on the profit right away? That’s exactly where the 1031 exchange rules come in. A 1031 exchange — named after Section 1031 of the ...
Investors are keen to the fact that real estate generates diverse investment benefits. At the same time, it requires oversight and hard work. Income is the first benefit that comes to mind, but ...
Q. I am selling my investment property in Ocean City, N.J. for $1.2 million. I’m using a 1031 exchange. What taxes are due? — Trying to save A. There are often tax consequences when you sell a ...
The 1031 exchange, also known as a like-kind or Starker exchange, is a tax strategy rooted in Section 1031 of the Internal Revenue Code. It enables an investor to defer capital gains taxes on a sold ...
One of the most attractive real estate tax benefits available in the U.S. is the like-kind exchange, which is governed by Section 1031 of the Internal Revenue Code. About one-third of all commercial ...