Discover the rules for using a 1031 exchange, including timing deadlines, like-kind property requirements, tax deferral, what ...
Section 1031 of the Internal Revenue Code allows you to avoid taxes on investment property when you buy another property – if you follow the rules. There are four ...
Newport Beach businessman Webb Morrow figures he’s swapped real estate properties roughly 25 times in the past two decades,tax free. Morrow, now in his 70s, has bought and sold apartments, retail ...
Millions of Americans have much of their net worth invested in real estate. Equity in these properties should grow in value over time, but for many, it's "trapped" because it can't be accessed without ...
Trust Powered by Pennington Law reports alternatives to avoid capital gains tax without a 1031 exchange, highlighting options like deferred sales trusts for wealth management.
When real estate investors first learn about 1031 exchanges, they are excited to learn that they won’t have to give up their capital gains when they sell a property as long as they can put those ...
Whether you’re a first-time investor or a seasoned property owner, a 1031 exchange can impact your tax strategy significantly. Here’s how. Normally, when you sell investment property, you’re required ...
Honolulu (KHON2) – The 1031 Exchange is a powerful tool that can help Investors save thousands of dollars in taxes, Kay Mukaigawa of Engel and Volkers Honolulu talks to William “Bill” Exeter about the ...
Yet, as valuable as the 1031 has been, it also creates a lifestyle that many investors eventually outgrow, reaching a stage ...
A 1031 exchange allows investors to sell a real estate property and exchange it for another property, if the conditions are met. A 1031 exchange permits the owner to defer capital gains. For the last ...
2023 is poised to be a big year for real estate owners who are looking to take advantage of the 1031 exchange, also known as the "like-kind exchange." A 1031 exchange is a tax strategy that allows ...