1031 Exchange: Saving Money With Real Estate Investment Property
Added February 20, 2009 by Ilyce R. GlinkSummary: Understanding 1031 exchanges and how they work with investment property can save you a lot of money. In some cases, you can save more than $10,000 in taxes if you use a 1031 exchange when selling investment property.
Q: Just wanted to thank you for saving me a lot of money. Last year I heard you on the Clark Howard show here in Atlanta talking about 1031 exchanges for rental property. I found a local intermediary and saved over $10K in taxes. Had a little difficulty when it came tax time, because several tax prepares were not familiar with exchanges. But all worked out.
A: I'm thrilled to have helped you save some serious money. I wish you the best with your investment real estate.
Jan. 1, 2004.
If you'd like to help us out, you can contribute to our site and keep the site free of charge. Thanks.
© Ilyce R. Glink. All rights reserved. This content may not be used, distributed, syndicated, compiled or excerpted in any medium or form without written authorization from Think Glink, Inc. For information on syndicating ThinkGlink.com please contact us.
Related Articles
- Unpaid Real Estate Property Taxes: ...
- Property Taxes May Be Deducted From...
- Selling Home In Skyrocketing Housin...
- Mortgage Lender For Buying Property...
- Condominium Owner Must Pay Capital ...
- Flipping Real Estate Property: Opti...
- Tax Implications Of Flipping Real E...
- Avoiding Taxes When Selling Real Es...
- Estate Planning Helps With Real Est...
- Property Tax Assessment Depends On ...
Related Blog Entries
- Ilyce Glink Show Notes - March 7, 2...
- Ilyce Glink Show Notes: February 14...
- Real Estate Update - Ilyce Glink an...
- Ilyce Glink Show Notes - January 24...
- Ilyce Glink Show Notes - January 3,...
- Ilyce Glink Show Notes - December 2...
- Is This What The Bottom of the Real...
- What's The Top Real Estate Web Site?
- IRS Announces 1031 Exchange Safe Ha...
- David Crook's Book On Investing In ...








Comments
No comments have been posted.