What Can't You Exchange Under Section 1031?
Saturday, September 09
When it comes to deferring capital gains taxes via section #1031 of the IRS Code, the items that qualify are quite broad – property that is held for business or investment. So far so good, right? That sounds like it covers just about everything in one way or another.But not so fast. Even if some ...
The Basics of Triple Net Leases
Friday, September 08
In today’s uncertain economic times, traditional investments don’t necessarily provide the stability or meaningful returns that investors seek. Perhaps that is why interest in net-leased, single-tenant real estate is skyrocketing. But for the casual investor, these properties – commonly called NN...
Can You Exchange Everything With Section 1031?
Thursday, September 07
As more and more non-professional investors move into the world of #1031 exchanges, one of the most common questions asked is what property qualifies under the tax code. While it seems straightforward as to what types of property qualify, too many unwary investors have had their 1031 exchange dec...
How to Ensure Full Tax Deferral For Your 1031 Exchange
Tuesday, September 05
The whole point of a #1031 exchange is to defer tax liability on the transaction in order to free up equity to purchase more valuable property and grow investments. Unfortunately, some investors don’t fully understand the requirements for full tax deferral, and make common mistakes that lead to u...
Tax-Free or Tax-Deferred? What Does a 1031 Exchange Do?
Monday, September 04
When it comes to taxes and a 1031 exchange, the most important thing to understand is that an exchange is a deferral strategy not a tax avoidance scheme. You can use a 1031 exchange to trade business or investment property for other “like kind” property. When you do, you can avoid any immediate c...
Joint Ownership Investments & 1031 Exchanges
Saturday, September 02
If you’re an investor who’s successfully used the power of a 1031 exchange to reduce your capital gains tax liability and grow your portfolio, you may be wondering “what’s next?” After all, the tax savings is great and you’ve steadily increased the value of your properties along the way.Perhaps n...