Discussing 1031 exchanges, Jennifer Keen, EVP and western regional manager at IPX1031, noted a trend of individuals leaving California in search of lower taxes and more favorable environments.
If you own investment real estate, then you’ve probably heard of the 1031 exchange. For those who are unfamiliar with the line in the tax code, here’s a simple explanation: The 1031 exchange ...
Fortunately, unless Congress changes the 1031 exchange rules, which have been in existence for more than 100 years, there is a way for savvy real estate investors to defer payment of capital gains ...
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 ...
As a former real estate developer, Trump has long been familiar with 1031 exchanges and has historically ... The political ...
But you may be able to defer the capital gains tax liability by doing a 1031 exchange, which is a like-kind exchange to another property of equal or greater value. The rules are complicated and ...
A 1031 exchange sounds great on paper: It allows an investor to sell a property without paying capital-gains taxes on the sale if they replace it with another property of equal or greater value.