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 ...
Most Recent Articles For: provision
Written by admin on May 23rd, 2011
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 ...
Written by admin on May 21st, 2011
The 1031 exchange is a great instrument for property owners who wish to defer their capital gains tax. However, not all states treat 1031 exchanges equally. California regulations stipulate that any appreciation in ...
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 7th, 2011
Inthe summer of 1990, the Internal Revenue Service announced the long awaited rules on Tax Deferred Exchanges. Section 1.1031 of the IRS Code laid out in detail the procedure for turning a sale and ...
