When Sibling Inheritance Complicates Real Estate Transactions The process of inheriting property among siblings can often lead to complex transactions that intertwine emotional ties with financial implications. As discussed in my recent episode of QI Corner, Greg Burns of IPX1031 and I explored these very… Read More »Related Party Issues – PT2
The Power of Being Prepared Bringing It All Together: Why the Final Steps Matter If you’ve made it to this point in the series, you’re not just dabbling in the idea of a 1031 Exchange—you’re committed. And if you’ve actually implemented the strategies laid out… Read More »Part Four: Final Steps – Execution
What Every Investor Needs to Know When it comes to real estate investment, the tax strategies are powerful—but they can also be complex. One of the most important tools in the investor’s toolkit is the 1031 Exchange, which allows property owners to defer capital gains… Read More »Understanding 1031 Related Party Rules
One of the more common questions I get —especially from folks who’ve owned their property for years—is: “Can I exchange my house?” Sometimes they’re talking about their personal residence, and other times it’s a second home they occasionally rent out or use during the holidays.… Read More »1031 Exchanges and Residential Properties: What’s Allowed?
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
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