Discover the 10 essential rules for using a 1031 exchange: timing deadlines, like-kind property requirements, tax deferral, what qualifies, and frequent pitfalls to avoid.

Selling real estate for more than you paid for it is a good thing, but depending on the amount of your profit, it could trigger a tax liability known as the capital gain tax. However, there are some ...

Taxes rarely make for exciting reading material, but 1031 exchange rules are a must-know if you own an investment property. Why? Because normally when you sell an investment property for more than ...

A 1031 real estate exchange, also known as a like-kind exchange, is a tax-deferral strategy used by real estate investors to defer capital gains taxes on the sale of an investment property. Named ...

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A 1031 Exchange is a powerful tax-deferral strategy that allows real estate investors to sell an investment property and reinvest the proceeds into another like-kind property—without paying capital ...

Question: When you sell a duplex where you live in one unit and the other unit is a rental, do you have to do a 1031 tax-deferred exchange or would part of the duplex be classified as a personal ...

A 1031 exchange, named after Section 1031 of the U.S. Internal Revenue Code, is a strategic tool for deferring tax on capital gains. You can leverage it to sell an investment property and reinvest the ...

A 1031 exchange is also referred to as a like-kind exchange because the replacement property must be of a like kind as the one you relinquish. The IRS considers real property to qualify as long as ...

A 1031 exchange is a transaction sanctioned by the U.S. Internal Revenue Service that allows a seller to “swap” one “like-kind” investment property for another when buying one of equal or greater ...