If you have ever done a 1031 exchange, also known as a Like-Kind exchange, you are familiar with the process of selling one property and using the proceeds to buy another property. But what if you want to sell your investment property and use the proceeds to purchase...
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Learn the Most Common 1031 Exchange Mistakes and How to Avoid Them
1031 exchanges are a great way to defer taxes on the sale of investment or business property, but they can be costly mistakes if not done correctly. Millions of dollars in potential tax savings are lost each year due to simple mistakes in 1031 exchanges. This article...
Everything Realtors Should Know About 1031 Exchange
When it comes to 1031 exchanges, there are a lot of qualifying questions that come up for realtors. While 1031 exchanges can be a great way to defer capital gains taxes, there are also a lot of rules and regulations that come along with them. So, what should realtors...
Everything Lenders Should Know About a 1031 Exchange
The 1031 exchange is a powerful tool that allows investors to defer capital gains taxes when they sell an investment property. Though they have been in use for many years, many people still don't know about 1031 exchanges or how they work. This article will discuss...
Top Myths About 1031 Exchanges
In recent years, there has been a lot of talk about 1031 exchanges and the benefits they offer investors. However, there are still many myths and misconceptions about these transactions. This is due to a lack of understanding about what 1031 exchanges are and how they...
Everything You Should Know About a 1031 Exchange Qualified Intermediary
If you are considering or are in the middle of a 1031 exchange, you will need to find and work with a qualified intermediary (QI). While this is a crucial part of the process, many people are entirely unaware of a qualified intermediary or why it's important to use...
1031 Exchange Guide: Learn the Facts About Dealer vs. Investor Status
When it comes to 1031 exchanges, there are two main types of participants: dealers and investors. But what’s the difference between the two? And which one should you be if you want to take advantage of a 1031 exchange? It's common for people to mistakenly believe that...
What Lenders Should Know About a Reverse 1031 Exchanges
If you are a lender, it's important to be aware of the different types of 1031 exchanges that your borrowers might pursue. In a traditional 1031 exchange, also known as a forward 1031 exchange, the investor sells their property and then uses the proceeds to purchase...
Disaster Relief Options for 1031 Exchange
With all of the natural disasters that plague our world, taxpayers should be aware of the disaster relief options for 1031 exchange transactions from the IRS. These transactions, which involve exchanging certain types of property, can be vital to taxpayers in the...
Terminate 1031 Exchange: Learn the Facts About Unwinding an Exchange
When it comes to real estate investing, a 1031 exchange is one of the most powerful tools at your disposal. By using a 1031 exchange, you can defer capital gains taxes on the sale of property and reinvest the proceeds into a new property. This can be an incredibly...