HICKSVILLE, N.Y., June 20, 2019 /PRNewswire/ -- In today's real estate market, the prices of properties have reached an all-time high. Due to this, real estate investors have worked to utilize a ...
What is 1031 Exchange Advisors? 1031 Exchange Advisors are specialized professionals who guide individuals and businesses through the process of a 1031 exchange, a provision in the U.S. tax code that ...
Selling real estate for more than you paid for it is a good thing, but depending on the amount of your profit, it could trigger a tax liability known as the capital gain tax. However, there are some ...
CHICAGO, July 26, 2023 /PRNewswire/ -- Investment Property Exchange Services, Inc. (IPX1031), the leading national provider of 1031 Exchange services, has released their annual Top Misconceptions ...
A 1031 Exchange is a powerful tax-deferral strategy that allows real estate investors to sell an investment property and reinvest the proceeds into another like-kind property—without paying capital ...
In general, in the case of non-retirement funds, if an individual sells their business or investment property and ultimately gains from this, then they must pay tax on that gain. However, there is an ...
A 1031 exchange, named after Section 1031 of the U.S. Internal Revenue Code, is a strategic tool for deferring tax on capital gains. You can leverage it to sell an investment property and reinvest the ...
Investors are keen to the fact that real estate generates diverse investment benefits. At the same time, it requires oversight and hard work. Income is the first benefit that comes to mind, but ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Nick Ihnatolya has an inside ...
How savvy investors use 1031s to defer capital gains and build wealth Robert Wood Tax is an attorney at WoodLLP. He is also the author of more than 30 books and numerous articles. David Kindness is a ...
A 1031 exchange lets you swap investment properties tax-free, enhancing your investment funds. Only "like-kind" investment properties qualify for 1031 exchanges, not personal residences. Delayed 1031 ...