A 1031 exchange, named after Section 1031 of the U.S. Internal Revenue Code, is a strategic tool for deferring tax on capital gains. You can leverage it to sell an investment property and reinvest the ...
Taxes rarely make for exciting reading material, but 1031 exchange rules are a must-know if you own an investment property. Why? Because normally when you sell an investment property for more than ...
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 ...
Investing in real estate can be a highly profitable enterprise. Unfortunately, real estate investors know that it comes with the same cost as most other forms of investment: taxes. Fortunately, unless ...
Homeowners have a number of options when they decide to sell their home. They can enlist a Realtor to market and sell their home directly to prospective buyers. Another option is a 1031 exchange which ...
Q: Several years ago, you gave me valuable information on a 1031 exchange. Now I need information on how long I have to keep the properties I purchased with my 1031 exchange funds. Is the law the same ...
Dear Liz: We read your recent column about capital gains and home sales. Our understanding is that if you sell and then buy a property of equal or greater value within the 180-day window, the basis ...
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