As the adage goes, “Don’t do business with relatives.” If a taxpayer enters into a Section 1031 tax-deferred real property exchange (an “Exchange”) with a relative or with a “related person” the adage ...

Discover the benefits of swapping like-kind properties under IRS 1031 rules to avoid capital gains taxes, and learn about ...

In times of tight margins, every purchase must have a purpose with ROI top of mind. As you optimize your equipment, crop inputs, farmland and business intellect for the year ahead, take the time to ...

What Section 1031 does. Section 1031 lets you defer tax when you swap one investment or business real estate for another, as long as both are real property held for investment or productive use. Since ...

Knowing the 1031 exchange rules for real estate and taxes will come in handy if you're an investor. Here's the details you'll ...

Question: When you sell a duplex where you live in one unit and the other unit is a rental, do you have to do a 1031 tax-deferred exchange or would part of the duplex be classified as a personal ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

A 1031 real estate exchange, also known as a like-kind exchange, is a tax-deferral strategy used by real estate investors to defer capital gains taxes on the sale of an investment property. Named ...

Situation: Your client holds several rental properties for investment purposes but is interested in selling one of them to buy a larger property. He has had the original property for five years. He ...

Internal Revenue Code Section 1031, a federal statute for deferring capital gains tax, is used in as many as 20% of commercial real estate transactions. Despite this, misunderstandings about this ...

A 1031 exchange lets you swap investment properties tax-free, enhancing your investment funds. Only "like-kind" investment properties qualify for 1031 exchanges, not personal residences. Delayed 1031 ...