What is a 1031 Exchange?

What is an exchange?

What is like-kind property?

What are TIC’s, or fractional ownership programs?

What if more than like-kind property is exchanged in the transaction?

What is fair market value?

What constitutes disposition?

 

1031 Exchange FAQ

 
 
 
 
 

1031 Tax Exchange Articles

1031 Exchange Rule- IRS Guidelines- Want to know what the IRS says about 1031 Tax Exchanges? The following is an excerpt about 1031 Tax Exchanges that was taken directly from the IRS website.

Key Terms to Know When Selling a Home- There are many important home selling terms to know when the time comes to put that sign in the yard. The real estate market can be tricky, and costly if you make a selling mistake.

Real Estate Negotiation - Seller Motivation- One of the most important principles of real estate negotiation is to learn why the seller is selling. More than that though, you want to try to learn the seller's motivations for every aspect of the process.

Prepare Your Home For Sell- When selling a house, you usually only have one chance to impress potential buyer.

Things Not To Do Before A Home Purchase- Home buying is a big purchase and you will need to make careful decisions before lashing out on this kind of money.

New Real Estate Investment System: Passive Income/No Management Headaches!- You can now have passive, positive cash flow from rental properties while eliminating all management worries!

House Values- Yesterday Zillow announced the launch of their real estate information site, offering free valuations on more than 60 million homes across the United States.

Accelerating Affordable Housing- With real estate prices experiencing a bit of a pull back in many markets and topped out in others we see that so many people may not be able to buy homes based on their current wages and rising interest rates.

What is a 1031 Starker Exchange?- A 1031 Starker Exchange is a 1031 Tax Exchange in which the taxpayer purchases their replacement property before they sell their old property. These exchanges are known as "Starker" exchanges because of the name of the litigant in the case that determined the law.

1031 Exchange Tenancy In Common Transactions (TIC’s)- A tenancy in common 1031 Exchange allows a property owner to defer paying taxes to Uncle Sam, recognize the benefits of their property’s appreciation and cut out the day to day management headaches of small rental property.

Qualified Intermediary- What does the IRS say about Qualified Intermediaries? What do they do, and how do they help in a 1031 Tax Exchange transaction?

Disqualified Intermediary- Who is Disqualified to act as an Intermediary in a 1031 Tax Exchange Transaction? Can my Attorney act as my Intermediary?

Certified Exchange Specialist (CES)- The Certified Exchange Specialist is a professional designation given to individuals who possess certain work experience and have passed certain exams related to the 1031 Tax Exchange.

Are You a Real Estate Investor or a Circus Performer?- Does the stress of monthly rent collection and after hour plumbing problems make you feel like a performing seal at the circus?

What is a Real Estate Trust?- Real Estate Trusts are organizations that are formed so that real estate investors can benefit from the diversification and special income tax benefits that are available to mutual funds and other regulated investment companies.

What does the loan underwriting process encompass? What are lenders going to look at when you are trying to obtain financing for your 1031 Tax Exchange Replacement Property?

What steps do lenders take in order to insure their loans on your 1031 Exchange Replacement Property?- Before issuing a loan, a lender will request a title report on the property. A full title report includes a survey, a physical inspection of the property and a search through public records.

Deferring Capital Gains Taxes Through Installment Sales- Selling property through an installment sales plan can enable a taxpayer to defer the payment of capital gains taxes much like a 1031 Property Exchange allows them to do.

 


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