What is Cash Boot in a 1031 Exchange?
Don’t Get the Boot! Learn about Rules of Thumb for 1031 Exchanges
Don’t Get the Boot! Learn about Rules of Thumb for 1031 Exchanges
Information for this article was obtained by citing the Federation of Exchange Accommodators website The Exchange Authority is a proud member of the Federation of Exchange Accommodators (FEA). The FEA is a national trade association for 1031 exchange activity. We at the Exchange Authority pride ourselves in being leaders in the industry and our affiliation …
What you need to know about the Federation of Exchange Accommodators (FEA) Read More »
People often fail to consider exchanges as an investment strategy because they are misinformed about the requirements of exchanging. However, once their misconceptions have been cleared up, property owners usually find that IRC §1031 is worth considering. Here are a few misconceptions about exchanges: Myth: Exchanges require two parties who want each other’s properties. Fact: …
The primary advantage of an exchange is that the taxpayer may dispose of property without incurring any immediate tax liability. This allows the taxpayer to keep the power of the deferred tax dollars working for in another investment. In effect, this money can be considered an interest-free loan from the IRS. There is no interest …
Holding Period – How Long is Long Enough? There is no hard and fast rule as to the length of time that a replacement property must be used for investment purposes following an exchange before it can be converted from investment use to personal use. Nor is there a fixed test as to how long …
[et_pb_section admin_label=”section”][et_pb_row admin_label=”row” make_fullwidth=”off” use_custom_width=”off” width_unit=”on” use_custom_gutter=”off” padding_mobile=”off” allow_player_pause=”off” parallax=”off” parallax_method=”off” make_equal=”off” parallax_1=”off” parallax_method_1=”off” column_padding_mobile=”on”][et_pb_column type=”4_4″][et_pb_text admin_label=”Text” background_layout=”light” text_orientation=”left” use_border_color=”off” border_color=”#ffffff” border_style=”solid”] Both the relinquished and purchased property must be held for investment or trade or business purposes. Thus, personal residences generally do not qualify. In certain circumstances, it is possible to convert a personal …
Personal Residences and Vacation Homes for use as 1031 Exchanges Read More »
IRS 1031 Exchanges—unraveling the mystery! The Exchange Business has gone through a resurgence in the last 3-5 years. In the early days, only those people with big money, commercial properties, or trusts engaged in the exchange business. Fortunately, the trend has changed. Now 1031 exchanges are more and more popular with even the casual investor who …
In a 1031 Exchange, all investors must adhere to the 180-Day rule, regardless of the type of exchange. Read more about what is required.
1031 Like Kind Exchanges are fun and can feature boats, artwork and even race horses. Learn about the variety of 1031 Exchanges available.
Read about the advantages of 1031 Exchanges and why they continue to be one of the most popular vehicles for deferring capital gain taxes.