Why a Self-Storage TIC Might be the Right Investment for You
Wednesday, April 26
Real estate is a natural choice for investors looking to grow their portfolios. Steady appreciation and a convenient monthly income stream are two reasons why investing in rental real estate is so attractive to many investors.However, for some investors, dealing with the daily hassles of property...
What Happens When You Go Down In Value In A 1031 Exchange?
Monday, April 24
Some investors new to the benefits of section #1031 often believe that “like-kind” means that both the relinquished and replacement properties must be identical in every way. This is, of course, not true. The “like-kind” requirement, in a nutshell, simply means that both properties must be simila...
Do You Need an Exchange Cooperation Clause?
Friday, April 21
If you’re planning to execute a #1031 exchange to sell and replace investment or business property, there is one very important concept you must understand. It is how and when to include an Exchange Cooperation Clause in your contracts for sale.Why is this clause important? An Exchange Cooperatio...
Are Current Tax Reform Efforts Targeting Section 1031?
Thursday, April 20
With tax reform on the front burner of the new administration, investors large and small are obviously thinking about the fate of section #1031. While the future of 1031 exchanges has been the subject of much debate in recent years, no administration has moved forward with dramatic revisions – or...
Mastering the Art of the Reverse Exchange
Tuesday, April 18
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...
1031 Exchange vs. Outright Sale
Sunday, April 16
If you have a piece of investment or business real estate you no longer want, what are your options? You could sell it outright and take the immediate tax hit. Or you could consider a #1031 exchange.If done correctly, a 1031 exchange allows an investor to defer paying all the capital gains taxes,...