When doing a 1031 exchange, how long do you have to acquire your replacement property? 180 days. But you have to pay attention to when you pay your taxes and if you want the full 180 days, time your acquisition accordingly. Learn about the 180 day rule for 1031 tax exchanges and how that time is…
1031 Exchange: What Is a Capital Gain?
When you're doing a 1031 tax exchange, you need to know what a capital gain is. A capital gain is a profit on a capital asset. Capital gains tax is 15 percent on real estate. But if you're doing a 1031 exchange with another type of investment you'll likely pay your ordinary income tax rate on the…
1031 Exchange: 3 Rules For Property
When you're doing a 1031 tax exchange you need to follow three rules for identifying property. The three property rule allows you to consider three replacement properties without taking their fair market value into account. If you're looking at more than three properties for a 1031 exchange, you may…
1031 Exchange & Capital Gains Tax
When you do a 1031 tax exchange it can save you capital gains tax and recapture depreciation tax. Taxes without a 1031 exchange can range 15 to 25 percent. They will be higher the more valuable your investment property or if you've claimed depreciation on the asset you're exchanging. Learn how to…
When you hire a 1031 tax exchange company to help you exchange investment property you will pay some fees. 1031 exchange fees vary depending on the timing of the 1031 exchange. Fees will be higher for a 1031 exchange where the investor has acquired the new property before selling the old one. 1031…
1031 Exchange: Death And Taxes
A 1031 exchange may be an interest-free loan from the government. A 1031 exchange can be useful when someone inherits a property after the owner's death. A 1031 exchange can help you take advantage of a step up in tax basis.
1031 Exchange Investment Property: What's Ineligible
You may want to avoid taxes when you sell your investment property. One option is a 1031 exchange. Not all investment property is eligible for a 1031 tax exchange. Learn which properties can't be used for a 1031 exchange.
1031 Exchange - How Does It Work?
If you own investment property and want to save on taxes, you may want to do a 1031 exchange. NES Exchange expert Julianna A. Clementi-Ryan describes how a 1031 exchange works including 1031 exchange time periods.
A 1031 exchange can be used for investment property other than real estate. Learn why to use a 1031 tax exchange from NES Exchange expert Julianna A. Clementi-Ryan. She talks about how a 1031 exchange can keep you from paying taxes on the profit you make from selling your investment.
California 1031 Exchange Company Closes Doors
A real estate investor asks what to do now that his 1031 exchange company in California has closed its doors. The real estate investor may not be able to get his funds back. Who can the real estate investor contact regarding the 1031 exchange company that went out of business?
Ilyce Glink Show, August 3, 2008
Today on the Ilyce Glink Show, Ilyce talked again about how important it is to choose a 1031 exchange third party administrator who takes security very seriously. You can find out what questions to ask a prospective 1031 exchange third party intermediary by clicking here.
Also, are you looking to…
ThinkGlink Radio Show for Aug 3, 2008
Today on the Ilyce Glink Show, Ilyce talked about 1031 exchanges and what questions you should ask when choosing a 1031 exchange intermediary. She also talked about credit freezes and Georgia's new law. She ran down some green baby Web sites, if you're looking for environmentally-friendly retailers…
Finding a Reputable 1031 Exchange Company
When a real estate investor wants to defer taxes on a sale, he might opt for a 1031 exchange. In a 1031 exchange, the investor purchases a similar investment property to replace the original property, and is able to defer any taxes owed. The proceeds from the sale of the original property are held…
1031 Exchange Questions You Should Ask
If you're doing 1031 tax exchanges, you'll want to make sure that your funds are safe. You don't want to wake up to find out that some guy skimmed $100 million of taxpayer funds and yours are part of it.
Here are the questions you should ask to make sure your 1031 Exchange company is a good one…
Defer Taxes Through 1031 Exchange
If you own a property and want to avoid paying certain taxes when you sell, consider a 1031 exchange. When you do a 1031 exchange with a qualified intermediary, you can defer the payment of taxes. Find out how some key points for 1031 exchanges here.
1031 Exchange: Investment Property Transfer
If you own investment property and want to sell it and cut your tax bill, consider a 1031 exchange. A 1031 exchange allows you to defer paying taxes. Which taxes can be deferred using a 1031 exchange?
Is a 1031 tax exchange right for you?
A restaurant building owner asks about avoiding capital gains tax when using a 1031 exchange. You can minimize taxes depending on how your 1031 exchange is structured. Is a 1031 tax exchange right for you?
Rental Property As Tax Liability
Homes used as rental property are considered investment property by the IRS. As an investment property, you can either pay the taxes owed upon sale of the property, or defer the payment of real estate taxes due upon the sale. If you choose to defer the taxes you owe, you'd utilize Section 1031 of…
1031 Exchange for Tax Liabilities
One possibility to defer tax liability when selling a property is a 1031 tax exchange or a Starker exchange. A 1031 tax exchange involves buying a new property within 180 days. You should also have a knowledgeable real estate attorney that is familiar with 1031 exchanges.
IRS Announces 1031 Exchange Safe Harbor For Personal Use
If you own rental property and want to sell it to buy other property, you may want to consider a 1031 exchange. It allows you to not pay taxes because it treats your sale and purchase as an exchange rather than a sale. There are certain rules and requirements that have to be followed, such as the…
1031 Exchange and Real Estate Taxes
Siblings inherit apartment buildings and ask about a 1031 exchange. They want to do a 1031 exchange to keep the same property tax bill. To do a 1031 exchange, you have to replace property with the same value or more.
ThinkGlink Radio Show for Dec 16, 2007
Today on the Ilyce Glink Show, Ilyce talked about her favorite inexpensive gifts to give. She took calls on 1031 tax-free exchanges, refinancing mortgages, construction loans and where to get the best short-term return for an investment of $5,000. All this and more on today's Ilyce Glink Show. Don't…
A 1031 tax deferred exchange helps investment property owners sell property and purchase another without paying capital gains tax. The 1031 exchange mechanism allows you 45 days to find and designate a replacement property and, in most cases, 180 days to close on the purchase of the replacement…
Avoiding Capital Gains Tax On Second Home
How can you avoid capital gains tax? If you have a second home that you have been renting, you might face a large capital gains tax, especially if you have been taking depreciation on the investment property. The IRS has very specific requirements for how to handle primary and secondary property…
Property Transfer: How To Avoid Tax Penalties
A home owner has just found out that she doesn't really own the property, but her father-in-law's name is on the title. He bought the property under a 1031 exchange and might face stiff tax penalties if he transfers the title to his son and wife. To defer taxes with a 1031 exchange, the owner must…
