1031 Exchange Insights
Who Can Use a 1031 Exchange?
Regarding commercial real estate, investors employ various strategies to maximize their returns. One such approach is the 1031 exchange. However, only some are eligible to use it. Let’s break down who can use a 1031 exchange and what benefits it brings to Commercial...
Terminology in 1031 Exchange
Using the 1031 exchange is a great way to diversify your investment portfolio and generate passive income. However, it comes with its own terminology. So, if you're considering this type of investment, it's essential to understand each aspect of the process. Let’s...
Understanding Timetables in a 1031 Exchange
Completing a 1031 exchange correctly can be a bit overwhelming, considering all the procedures and rules involved. One of the most critical elements of this process is understanding the time frames involved. The Internal Revenue Service (IRS) has set strict timelines...
A Comprehensive Guide to Understanding Different Types of 1031 Exchanges
As a commercial property owner, saving taxes and maximizing profits should be your top priority. One of the smartest ways to achieve this goal is by exploring the 1031 exchange option. Also known as a like-kind exchange, a 1031 exchange allows you to defer taxes on...
What You Need to Know About the Only Difference Between a 1031 Exchange and A Normal Transaction
As a commercial property owner, you're likely aware of the many benefits associated with 1031 Exchanges. From avoiding capital gains tax to deferring payments on the entirety of your properties' value, these Exchanges offer powerful financial advantages for savvy...
Understanding the Key Parties in a 1031 Exchange Transaction
For commercial property owners, a 1031 Exchange offers an excellent opportunity to defer taxes on the sale of a property. This tax-deferred exchange offers a smart way to reinvest profits from selling one property by leveraging it to purchase a similar property with...
The Comprehensive Guide to Understanding the 1031 Exchange for Commercial Property Owners
As a commercial property owner, you constantly search for ways to reduce your tax liability while maximizing your investment returns. One method that you may have come across is the 1031 exchange. While it may sound daunting, it can be a beneficial tool to defer...