Insights
What are the Rules for Identification and Receipt of Replacement Property in an IRC §1031 Tax Deferred Exchange?
Why is it Necessary to Identify Replacement Property? In a typical Internal Revenue Code (IRC) §1031 delayed exchange, commonly known.
Valid 1031 Exchange Closing Expenses
When selling or purchasing an investment property in a 1031 Exchange process, certain selling expenses paid out of the sales.
Partial 1031 Exchanges – Cashing Out a Portion of the Sale Proceeds
It is a fundamental principle that Exchangers should exchange equal or up in value to fully defer the relevant taxes.
Is an Early Release of Exchange Funds Possible Under 1031 Exchange Rules?
Why is it Necessary to Identify Replacement Property? In a typical Internal Revenue Code (IRC) §1031 delayed exchange, commonly known.
Does a Second Home or Vacation Home Qualify for a 1031 Exchange?
Exchangers often ask whether they can sell their vacation/second homes as part of a 1031 Exchange. The short answer is.
Disaster Extensions and Like-Kind Exchanges
The deadlines imposed by IRC Section 1031 and the corresponding Regulations are static, with no ability for Exchangers to apply.
Are Properties Owned As Tenants In Common "Like-Kind" in a 1031 Exchange?
One of the most critical aspects of a Section 1031 is the idea that the properties involved must be “like-kind”.
1031 Exchange Related Party Rules: Exceptions and Misconceptions
Why is it Necessary to Identify Replacement Property? In a typical Internal Revenue Code (IRC) §1031 delayed exchange, commonly known.
1031 Exchange Hybrid Solution: Combining Forward and Reverse Exchanges
Most Section 1031 Like-Kind Exchange transactions involve a taxpayer who sells a relinquished property and then acquires a replacement property.
1031 Exchange Holding Period Requirements
When asking about 1031 Exchange requirements and then considering a 1031 Exchange, people often wonder what the 1031 Exchange time.