When Can I Move Into a 1031 Exchange Property?
One of the most important covenants of a 1031 exchange is that the newly acquired property must be held as an investment or for business use.
Can I Sell Two Properties and Buy One In a 1031 Exchange?
When participating in a 1031 exchange, you have the option of “swapping” the relinquished property into replacement properties under the Three-Property Rule, the 200% Rule, or the 95% Rule. This means that if your investment stars are in alignment, you could exchange a single relinquished property for multiple replacement properties.
Using a 1031 Exchange For a Lower-Priced Property: What You Need to Consider
We’ve written many blogs about 1031 exchanges. And the one point we continue to stress in these blogs is that the IRS has specific rules if you want to potentially defer capital gains and depreciation recapture taxes through a like-kind exchange.
Can You Do A 1031 Exchange On Vacant Land?
Vacant land is a real estate asset eligible for a 1031 exchange transaction. However, 1031 exchanges can be tricky to execute, and a deal involving vacant land has a few extra pitfalls to watch out for.
Can I Buy A Business With A 1031 Exchange?
A 1031 exchange is commonly used for real estate investment transactions but can also be used to buy a business.
Can You Do a 1031 Exchange On Jointly Owned Property?
Divesting jointly owned real estate can create complicated ownership issues and tax liabilities, especially if one co-owner wants to do a 1031 exchange to defer capital gains taxes and others want to cash out of their real property holdings.
