1031 Exchange and Tax Advantages
A 1031 Exchange or Like Kind Exchange is defined by Section 1031 of the InternalRevenue Code. This code specifies that if an asset (usually some form of real estate such ...
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Written by admin on May 21st, 2011
Written by admin on May 7th, 2011
As a common cliché would have put it, taxes are inevitable. However, we break tradition in this article as we discuss a method to avoid paying taxes. Exchange 1031 is a provision that allows ...
Written by admin on May 6th, 2011
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 ...
Written by admin on May 4th, 2011
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 ...
Written by admin on May 3rd, 2011
Your head is probably swimming by now by all the technical talk you'll hear in real estate circles. 1031 property exchange may be just another bit of real estate jargon to you but if ...