To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Most real estate companies likely are aware of the ...
A Section 1031 like-kind exchange is an Internal Revenue Code provision that allows a person to not pay tax on a gain when ...
"Our veterans and active military have sacrificed so much for our nation, and we want to give back to those who have given us so much," said Margo McDonnell, President and CEO of 1031 CORP. "This ...
Q: Marsha, I own a single-family residence that has been a rental for many years. I purchased the house for $100,000, and I think I can sell for about $950,000. I’ve heard about “1031 exchanges” for ...
Real estate investors may be familiar with traditional tax-deferred exchanges like 1031s that involve selling a property and then buying a similar or “like-kind” replacement property. The lesser-known ...
Selling real estate can turn a large profit, but it also comes with a large tax bill. That's where a 1031 exchange comes in handy: by offering you a deferred tax break. But 1031 exchanges are ...
Here’s the good news: The real estate your about-to-retire client owns has increased in value significantly since they bought it. The not-as-good news: If they were to sell that property, they’d ...
One proposal in President Joe Biden’s $1.8 trillion American Families Plan has been drawing close attention from concerned commercial real estate investors. It would place a $500,000 limit on 1031 ...
My heart goes out to all of those real estate investors who sold a property before COVID-19 struck. Most folks had it all planned out. They were going to avoid paying capital gains taxes on the sale ...
Real estate investors may know traditional tax-deferred exchanges like 1031s that typically involve selling a property and then buying a similar or “like-kind” replacement property. The lesser-known ...