Navigating the world of property exchanges under the Internal Revenue Code can sometimes feel like diving into a sea of numbers and tax law provisions. While 1031 Exchanges often dominate the conversation, savvy investors and commercial real estate professionals know there is so much more… Read More »The “Other” Exchanges
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
Now that the election is over, the conversation over the repealing of Section 1031 of the Internal Revenue Tax Code has begun to pick up steam again. And, like all the other times it has come up, the topic will calm down and the Democrats… Read More »RELAX
People don’t plan to fail… If you’ve been following me, then you know that more than 60% of 1031 Exchanges fail every year. While I am not privy to every single reason why, one of the main common threads to the unraveling is the sheer… Read More »Planning
As promised in Part One, here are the next five (5) most common myths of the 1031 Exchange. If you missed Part 1, you can read it here. The next most common, rounding out the Top Ten: • I can use my Attorney, CPA or… Read More »The Top Ten Most COMMON Myths of a 1031 Exchange – Pt. 2
With the launch of Best1031online.com and after committing to publishing the accompanying blog, I thought it might be a challenge to come up with good related topics and be content-ready. As it turns out though, there’s so much to talk about in regard to a… Read More »The Top Ten Most COMMON Myths of a 1031 Exchange – Pt. 1