A tax deferred exchange or 1031 exchange is a strategy or tool that can be used by an investor to sell property, as long as it qualifies, and then buy another like-kind property. Since the transaction is treated as an exchange rather than a sale, investors qualify for a deferred gain. The law can be … Read more
If you are considering a 1031 property investment, then you will need to seek the services of a Qualified Intermediary (also referred to as a QI). This may seem like a simple task but since there are no uniform licensing requirements or oversight regulations for those in these positions it makes it a little … Read more
As if there weren’t enough facts and details floating around about the 1031 property exchange, you now discover there are different types of these exchanges to choose from. Learning about your options will help you make an informed decision about the best course of action for your needs, goals, and comfort zone. Simultaneous … Read more