Wednesday evening, President Joseph Biden unveiled his next ambitious $1.8 trillion spending bill — dubbed the American Families Plan. Almost immediately thereafter, the real estate industry began sounding alarms over the proposal to substantially limit Section 1031 "like-kind" exchanges.
Update: The Internal Revenue Service confirmed Wednesday that the federal tax-filing deadline will move from April 15 to May 17. The original date was set at May 15, but this year that falls on a Saturday; it is customary for
Like-Kind Exchange and "Boot" Not every 1031 Exchange qualifies for full tax deferral. What Is "Boot"? "Boot" is old financial parlance that means "value given in addition to." In
1031x is very excited to announce the release of the new 1031 Exchange Investor Center. This free resource covers 37 key topics — including IRS rules, top investor strategies, the role of the qualified intermediary, 1031 deadlines, taxable "boot",
We explore the upcoming Biden Administration, the effect of COVID vaccines, which metrics matter the most when choosing real estate investments, and much more. Matthew Frankel, senior real estate analyst for Millionacres, a Motley
America just had a Presidential Election. It could mean big changes for real estate investors. As we're writing this, it sure seems like Joseph Robinette Biden Jr. will become the 46th President of the United States.
The COVID-19 pandemic hit commercial and luxury real estate harder than most other RE segments. We saw aid from the Federal Reserve and Congress go toward businesses, workers, municipalities, residential homeowners, and tenants to the tune
We created the 1031 Insider newsletter for news just like this. (100% free -- Direct to your inbox) Back in July, advisors for the presidential campaign of former Vice-President Joe Biden unveiled a new economic agenda. This
Needless to say, the COVID-19 pandemic came out of nowhere and left an economy reeling in its wake. The effect on real estate is profound, but not necessarily crippling. In this interview, 1031x director Sean Ross speaks with
This is your simple guide to 1031 exchange tax reporting. Nobody enjoys paying their taxes. While we can't make it fun for you, we can at least help your 1031 exchange tax reporting make more sense. In this post, you'll