An important fact in regard to the 1031 process is that you CANNOT use your 1031 proceeds to fund improvements on land you own already. This is a common stumbling block of inexperienced investors. In order to ...
Most Recent Articles For: capital gains tax
Written by admin on May 24th, 2011
Written by admin on May 24th, 2011
For investors interested in real estate, there may be no better and worthwhile tool than the 1031 exchange. In short, it is a process through which capital gains tax liability can be completely deferred. Enabling otherwise ...
Written by admin on May 23rd, 2011
If you have some money then you may have considered trying to make your fortune with stocks, bonds, and maybe even real estate. The concept is to buy cheap and sell dear, since ...
Written by admin on May 23rd, 2011
If you are a real estate investor who is about to sell a property and use that money to purchase more real estate, make a 1031 Exchange instead of just selling outright. Making every ...
Written by admin on May 21st, 2011
A 1031 exchange refers to Section 1.1031 of the Internal Revenue Code which was passed in 1990. Normally, when you sell all real and personal property, the tax code requires the payment of the ...