Investment property owners often ask me “Why should I consider selling my property and then do a 1031 Exchange?” My answer is usually, “Well, it depends on what your short-term and long-term goals are. The good news is that there are many great reasons to… Read More »The Top Five Reasons to Use a Tax Deferred 1031 Exchange
Not all commercial property investments are hands on or require maintenance. For many investment property owners, the thought of transitioning into commercial real estate can be daunting due to the perceived management requirements. However, this need not be the concern that it is. Tax-deferred 1031… Read More »Maximizing Your Investment: Exploring Low-to-No-Management Commercial Properties Through 1031 Exchanges.
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
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
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!
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!