This conversation follows all disciplines and has been for some time. Anytime anyone is considering a transaction involving real estate they should have their own qualified representation. With that said, a week doesn’t go by, where I learn about an investor who is in the… Read More »Hiring the Right Broker for a 1031 Exchange
I hear many people tell me that 1031 Exchanges are too complicated, and my reply is they certainly can be if they’re not planned for properly. It is true that the exchange process can be daunting as it requires full adherence to a specific list… Read More »Myths Debunked! – 1031s Are Too Complicated
As you have seen by now, I am committing one of my two BLOGS per month to debunking the myths of the 1031 Exchange. If you search online, you’ll find more than 45 different myths. Yes, I have counted them all and I have the… Read More »Myths Debunked! – 100% of Your Proceeds From Your Sale Must Be Reinvested
A successful 1031 Exchange requires the successful completion of a transaction that involves investment property that must follow certain guidelines, as well as be completed within multiple deadlines, otherwise the taxpayer will most certainly pay as much as 30% in capital gains taxes. That’s a… Read More »The Role of the Agent for a Successful 1031 Exchange
With all the social media influencers out there on Instagram, Twitter and now TikTok many are attempting to gain followers by sharing their take on the 1031 Exchange. Don’t believe me? Run a search. The number of video shorts are growing daily. Here’s the problem:… Read More »There are 3 Identification Rules, Not Just One!
The simple reason why the 1031 Exchange is great is the deferment of the punitive taxes on capital gains from the sale of an investment property. The better reason it is great, is the power of leverage it provides to an investor to take the… Read More »Why the 1031 Exchange is Great