Posts Tagged ‘1031 property’

Who Would Know About The 1031 Tax Free Exchange
Many people are unfamiliar with the 1031 tax free exchange of properties. In layman’s terms it is a “like-kind” exchange, wherein a person is actually trading one particular asset (investment property) for another asset (investment property), regardless of whether it is in the industrial, office, residential [...]

If a real estate investor wants to make use of the Internal Revenue Code 1031 but thinks that it is only available to an investor with a multi-million dollar property, they would be mistaken. The 1031 exchange is perhaps the most powerful tool that an investor has available to them if they want to sell [...]

While most investors do know what an IRS 1031 is and what the major benefits are, many do not realize that there are also some lesser known advantages to this code. One of the additional benefits is a reverse exchange, which is a relatively recent development that allows investors to purchase a replacement property and [...]

A property owner or real estate investor can exchange an investment property for a “like kind” property, as long as it follows the rules and regulations outlined in Section 1031 of the Internal Revenue Code. This type of exchange defers any payment of state and federal capital tax gains and will allow the property owner [...]