However, many of them also plan on deferring the gain into other real estate using a tax-deferred exchange under Section 1031. This is very easy if the only property sold is raw land with no ...
Chicago-based title insurance underwriter Advocus National Title Insurance Company (Advocus) announced today the launch of its new 1031 exchange service offering. Named after Section 1031 of the ...
Profit and prosper with the best of expert advice - straight to your e-mail. Section 1031 has been in place since the early 1900s and is an important tool for investors seeking to preserve and ...
Internal Revenue Code Section 1031, a federal statute for deferring capital gains tax, is used in as many as 20% of commercial real estate transactions. Despite this, misunderstandings about this ...
Investing in real estate can be a highly profitable enterprise. Unfortunately, real estate investors know that it comes with the same cost as most other forms of investment: taxes. Fortunately ...
We’ve written extensively about 1031 exchanges. Section 1031 of the Internal Revenue Code provides that an owner of an investment real estate property can sell that property and defer the ...
Image source: Getty Images. A 1031 exchange is a real estate transaction that's essentially a "swap" under Section 1031 of the Internal Revenue Code. When you're involved in a 1031 exchange ...
"Any taxpayer who owns real property interests and can satisfy the requirements of section 1031 can defer gains or losses," says Holly Belanger, partner in KPMG's Washington National Tax practice.
If you plan to continue investing in rental properties, a 1031 exchange is worth looking into. Named after Section 1031 of the IRC, it allows investors to postpone paying capital gains tax on ...
This strategy, which falls under Internal Revenue Code (IRC) Section 1031, allows you to effectively postpone any capital gains by using the sale proceeds from one property to purchase another one.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results