The Synergy of Relocations and 1031 Exchanges
Thursday, July 06
One of the biggest conundrums facing investors is what to do with investment real estate when relocation is in their future. Typically, this phenomenon hits aging investors close to retirement the hardest. They’ve worked hard to build up a solid portfolio of real estate close to home. Yet with re...
The Power of a Reverse Exchange
Tuesday, July 04
Real estate investors understand the power of a #1031 exchange for deferring capital gains. By selling existing investment or business property and then replacing it with “like kind” property, capital gains tax can be deferred (in some cases indefinitely). This also gives an investor more immedia...
When Does the 2-Year Holding Rule Apply to 1031 Exchanges?
Tuesday, May 30
In a typical, arm’s length #1031 exchange, the parties to the process only come together because one is selling something the other one wants. They don’t likely know each other, and, in many cases, may never meet at all. For those transactions, the two-year holding rule never comes into play.Howe...
How to Avoid Excessive Taxes when You Sell the Ranch
Monday, May 29
When it comes to selling the family ranch or farmstead, sellers often end up paying upwards of 20% of the property’s value in taxes. However, if you want to keep more for yourself or your heirs and give less to Uncle Sam, there are several tax strategies you can employ to meet this goal.One of th...
Why a Self-Storage TIC Might be Right for You
Friday, May 26
Investors go into rental property ownership for all the right reasons. Appreciation of the asset and a steady, monthly income flow are two big ones. And it works beautifully for most. At least for awhile.But eventually the day comes when an investor, likely facing his or her golden years, still d...
Help! I Can't Find a Buyer for My 1031 Exchange
Wednesday, May 24
In the nearly 20 years I’ve been helping investors navigate the tricky waters of a #1031 exchange, I occasionally receive a frantic phone call that goes something like this. “Hey, I’ve found a great replacement property and closed on it, hoping to do a reverse exchange. But it’s almost 180 days l...