One of the common areas of confusion for those new to the 1031 Exchange process involves the terms “boot” and “mortgage boot.” Today, I am going to clearly explain these terms in a way that anyone considering their first 1031 Exchange can understand. The first… Read More »1031 Boot Explained
One of the most common misconceptions I hear about the 1031 exchange from more senior investors is that the term “like-kind” makes them think that they must exchange into the exact same type of property that they are selling. This misunderstanding has prevented many of… Read More »Debunking the “Like-Kind” Myth in 1031 Exchanges: You Don’t Have to Buy the Same Type of Property You Sell
A Comprehensive Guide for Real Estate Investors For those involved in the commercial real estate market, the term “1031 exchange” is far from foreign. It refers to a provision in the Internal Revenue Code that allows investors to defer paying capital gains taxes on an… Read More »The Intricacies of Completing a Partial 1031 Exchange
In today’s world of commercial brokerage, it takes a lot of hard work, time and effort to find prospects, win clients and fulfill transactions – so much so that we should do all we can to retain those clients we work so hard to win.… Read More »How to Turn One Sale into Two Transactions: Maximizing Opportunities with the Power of the 1031 Exchange
The 1031 Exchange is a powerful tax planning tool for real estate investors, allowing them to defer capital gains taxes when they reinvest the proceeds from the sale of a property that no longer fits their investment goals, into a new, like-kind property. Here is… Read More »Debunking the Myth: You Can Only Reinvest into One Property in a 1031 Exchange
Hey there, 1031 Broker James here! If you are navigating the world of real estate investment, you have likely heard of the 1031 Exchange. But did you know that it is more than one hundred years old? Have you ever stopped to wonder about how… Read More »The Evolution of the 1031 Exchange: A Journey Through Time