What might you be guilty of doing that could potentially disqualify your 1031 exchange transaction? Here are a few reasons you could be putting your exchange at risk. Choosing a Qualified Intermediary that is actually a disqualified person. Someone who is acting as your agent at the time of the transaction is disqualified from acting … Read more
A 1031 exchange is a great tool for investors who want to avoid paying tax on the gain from the sale of real estate; however, in order to completely defer the tax, an investor must: Find one or more “like-kind” replacement properties with a total fair market value that equals or exceeds what is being … Read more
Transactional Service Charges – 1031 Exchange Fees, Costs and Charges Evaluation of the 1031 exchange transaction fees and costs charges by Accommodators is a complex and intriguing subject. This article will help us to understand some of the intricacies of the 1031 exchange fees, costs and other charges. The article – presents facts from the … Read more
After years of conducting tens of thousands of successful 1031 exchanges, we found that there are a number of frequently asked questions related to this type of transaction… Equity and Gain Is my tax based on my equity or my taxable gain? Tax is calculated upon the taxable gain. Gain and equity are two separate … Read more