1031 Exchange: What If I Can't Sell My Relinquished Property?
Tuesday, April 12
Not every 1031 exchange goes as planned. In some cases, an investor may have already found and committed to a suitable replacement property (a Reverse Exchange). Yet, as the 180-day deadline draws near, finds that he or she has still not found a buyer for his or her relinquished property. In this...
Are 1031 Exchanges In Jeopardy?
Tuesday, April 12
Investors are keeping an eye on proposed legislation from the Obama administration seeking to cap annual 1031 exchange tax deferral at $1 million. This marks the second time in two years that the government is trying to limit the reach of Internal Revenue Code Section 1031.Last year’s failed effo...
Understanding Time Limits Of A 1031 Exchange
Monday, April 11
In a vast majority of 1031 exchanges an investor knows he or she wants to sell an existing property but has not yet found a suitable, like-kind replacement property. In these cases, the exchange can still be successfully completed so long as several time requirements are met.45-Day Rule for Ident...
What Is A 1031 Improvement Exchange?
Friday, April 08
An improvement exchange, also known as a construction or build-to-suit exchange, permits an investor to make improvements on a new replacement property using equity from the exchange. This type of exchange requires the use of a qualified intermediary.This type of exchange allows an investor acqui...
What Are The Rules About Identifying Replacement Property In A 1031 Ex
Thursday, April 07
For many investors, finding suitable replacement property is the biggest challenge in any 1031 exchange. While occasionally the perfect property will come along – sometimes even before the relinquished property is sold – this it not the case in most exchanges.For investors who relinquish before f...
How Do I Calculate Capital Gains Tax On My 1031 Exchange?
Wednesday, April 06
Many savvy investors seek to take advantage of the tax-deferral benefits of a 1031 exchange property when replacing their investment property. However, since no 1031 exchange is guaranteed, every investor still needs to know how to calculate potential tax liabilities on the sale of the relinquish...