We created the 1031 Insider newsletter for news just like this. (Direct to your inbox) On Tuesday, advisors for the presidential campaign of former Vice-President Joe Biden unveiled a new economic agenda. This would normally
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
Comparing the Pros and Cons of Opportunity Zones and 1031 Exchange After the Trump administration signed into law the Tax Cuts and Jobs Act of 2017, America's real estate community was abuzz over the provision allowing for Qualified Opportunity
It’s not uncommon to throw around terms like “cash boot” or “mortgage boot” in a 1031 like-kind exchange. But what exactly is “boot”? You won’t find that word in the Internal Revenue Code (IRC). It does not appear in
Need a quick refresher on how 1031 exchange affects tax basis in your property? Or maybe you need a reminder about exactly what tax basis means? We'll cover the basics in this post and provide you a few examples.
- What to do when some partners want to do a 1031 exchange, but others don't - A frequent call to our company goes like this: “Five of us own an LLC. The LLC, in turn, owns a piece
Owner Carry Financing in a 1031 Exchange - Installment Sales under IRC Section 453 - Investors often ask us if owner carried financing (installment sales under IRC section 453) and a 1031 exchange (IRC section 1031) work together in the
1031 Debt Replacement- You Don't Always Need New Debt It’s common to read that 1031 exchangers need to “replace their debt” from their relinquished property by taking out new debt on their replacement property. This is sometimes referred to
- Why Tenants in Common (TIC) structure is advantageous for 1031 exchange investors - The limited liability company (LLC) is a relatively young creature created by State statutes. By contrast, the concept of owning an asset as "tenants
