Ads
related to: 1031 exchange improve existing property- Guide to 1031 Exchanges
Everything you need to know about
the 1031 exchange process
- What Is a DST?
Everything you need to know about
Delaware Statutory Trusts (DSTs)
- Blog
Explore our blog to learn more
about various CRE topics.
- 1031 Crowdfunding Deals
View current and previous listings
Sign up to view our marketplace
- Meet Our Management Team
Seasoned real estate professionals
with over $2B in transactions
- Become an Investor
Sign up today for free and browse
our diverse investment marketplace
- Guide to 1031 Exchanges
Search results
Results From The WOW.Com Content Network
A 1031 exchange is a real estate transaction where you trade a business-use property or one held as an investment property for a "like kind" property. 1031 Exchange Rules: Deadlines, Benefits and ...
For real property exchanges under Section 1031, any property that is considered "real property" under the law of the state where the property is located will be considered "like-kind" so long as both the old and the new property are held by the owner for investment, or for active use in a trade or business, or for the production of income.
A 1031 exchange allows certain real estate investors to defer capital gains taxes when selling one investment property and reinvesting proceeds from the sale into another similar property. Taxes ...
A like-kind exchange under United States tax law, also known as a 1031 exchange, is a transaction or series of transactions that allows for the disposal of an asset and the acquisition of another replacement asset without generating a current tax liability from the sale of the first asset. A like-kind exchange can involve the exchange of one ...
Knowing the 1031 exchange rules helps you save on taxes.
Section 1031 exchange—If a business sells property but uses the proceeds to buy similar property, it may be treated as a "like kind" exchange. Tax is not due based on the sale; instead, the cost basis of the original property is applied to the new property. [59] [60]
Ad
related to: 1031 exchange improve existing property1031crowdfunding.com has been visited by 10K+ users in the past month