As a real estate investor, you are aware that each and every dollar that you have invested is compounding your wealth, and, in contrast, that every dollar not working for you represents a lost chance to increase your funds. So, when the time comes to put your property up for sale, you have two choices. … Read more
Did you know there are many different ways you can benefit from a 1031 tax exchange if you invest in commercial real estate? You will need to procure the services of a qualified CPA in order to determine your property needs and to comply with IRS regulations. However, by the time you find a … Read more
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 is exchanged for another piece of property that is of the same value. There are several different exchanges that can take place, … Read more
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 payment of capital gains taxes on their investments. The legal 1031 tax exchange has helped many investors rapidly grow the value … Read more
After taking numerous classes in financial planning and weighing my real estate investments, I discovered that a 1031 tax exchange was the best course of action to avoid paying heavy capital gains taxes. What is a 1031 tax exchange, you may ask? In essence, this is when you agree to reinvest your profits from a … Read more