You’ve made the decision to sell your investment property that you have held onto long enough. That’s great! But before you pick up the phone to call a broker or stake a “For Sale” sign in the ground, I’m going to stop you right there.… Read More »Planning – PT2: First Steps
I’ve guided countless investors through the standard “sell first, buy later” tax-deferred exchange process, aka the Delayed Exchange. But there’s another tool in the 1031 playbook that doesn’t get nearly enough attention—yet it can be a game-changer when executed properly. I’m talking about the Reverse… Read More »Understanding the Reverse 1031 Exchange: A Powerful Strategy for Savvy Investors
One of the most misunderstood—and frankly underused—strategies in the tax-deferred exchange world is the Build-to-Suit Exchange, also referred to as an Improvement Exchange. The name might sound technical, but the concept is relatively straightforward: rather than just buying an existing replacement property “as-is,” the Build-to-Suit… Read More »Utilizing the Build-to-Suit 1031 Exchange: A Smarter Way to Trade Up
Why 60% of 1031 Exchanges Fail: No Plan = No Chance You’ve probably heard the saying before: “People don’t plan to fail—they fail to plan.” That quote couldn’t be more true when it comes to 1031 Exchanges. The following is an overview of the steps… Read More »PLANNING – A FOUR PART SERIES
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