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Posts tagged "1031 Exchanges"

What alternatives to a 1031 exchange exist?

If you're a real estate investor, then you've probably heard of a 1031 exchange. Its name comes from Section 1031 of the Internal Revenue Service's (IRS) tax code. It describes how investors can delay having to pay capital gains taxes when they sell an investment property. They use the proceeds from the sale to purchase a different like-kind home to add to their portfolio. Many real estate investors find it helpful not to incur taxes immediately when selling an investment home. It allows them to sustain their focus on investing.

3 things you must do in a 1031 exchange

A 1031 exchange, otherwise known as a like-kind exchange, is a way that property investors and business owners can defer their income tax regarding profits made when buying and selling properties. This can be an extremely lucrative way to flip properties and to maximize your progression in investment, and it's relatively easy to do.

Why should I do a 1031 exchange?

A 1031 exchange is a hugely important way for property investors to defer capital gains tax. Capital gains taxes can prevent investors from having the capital to make new, lucrative investments after a sale. This is why so many successful investors swear by 1031 exchanges.

What 1031 exchange deadlines do I need to be aware of?

The amount of taxes that you have to pay when you sell off your Florida home can be quite high. This is why many sellers take time to apprise themselves of the different tax savings options that they can pursue to minimize their tax burden. The 1031 exchange is often one that sellers pursue.

Common questions about like-kind exchanges

Like-kind exchanges, otherwise known as 1031 exchanges, are a great way for property investors to defer capital gains taxes. By engaging in a like-kind exchange, you will need to show that the profit you made from the selling of a property will be directly invested into another investment property.

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