1031 Myths

A word cloud of words related to myths, fiction, information, etc. with a large DEBUNKED! in blue written across it. Small text below says "This Month's Myth: 1031s Are Too Complicated

Myths Debunked! – 1031s Are Too Complicated

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

A word cloud of words related to myths, fiction, information, etc. with a large DEBUNKED! in red written across it. Small text below says "This Month's Myth: 100% of my proceeds from the sale must be reinvested"

Myths Debunked! – 100% of Your Proceeds From Your Sale Must Be Reinvested

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

1031 Myths Debunked!

This Month’s Myth: “The 1031 Exchange is only for Institutional Investors” Another myth that was more common 10 or more years ago yet I still hear people say this to me on a pretty regular basis. So many people are convinced that Article 1031 of… Read More »1031 Myths Debunked!

A word cloud of words related to myths, fiction, information, etc. with a large DEBUNKED! in red written across it.

1031 Myths Debunked!

This Month’s Myth: “The 1031 exchange applies only to commercial property” This is one of the most common myths or misconceptions of Article 1031 of the Internal Revenue Tax Code that allows you to defer the taxes on capital gains when you exchange into a… Read More »1031 Myths Debunked!