Vacation Homes have long been a source of angst among exchangers and their advisors because of the lack of guidance on whether they qualify as an investment property for IRC §1031 purposes. In the ...
Most Recent Articles For: 1031 exchange
Written by admin on May 4th, 2011
Written by admin on May 4th, 2011
A lot of people are taking advantage of a 1031 tax exchange, and they are benefiting greatly from it. The basic principle behind one of these exchanges is that one piece of property ...
Written by admin on May 4th, 2011
Considering a 1031 tax exchange for your next real estate transaction? If so, you’re already on the right track: a 1031 exchange represents a great opportunity for real estate investors to temporarily defer ...
Written by admin on May 3rd, 2011
YOU MAY NEED TO FILE FOR AN EXTENSION
A 1031 exchange is reported on the tax return for the tax year in which the exchange begins, i.e. the tax year the relinquished property is transferred, ...
Written by admin on May 3rd, 2011
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Why Do a 1031 Exchange?
Investors can trade up, consolidate, diversify, leverage or relocate their investments and not be penalized by having to pay ...
