A 1031 exchange, also known as a Starker Trust, is used by a real estate investor who wants to sell an investment property he or she owns but does not want to pay any taxes. A 1031 exchange allows the seller of investment property to defer taxes by purchasing another property that costs at least as much as the property he or she is selling. There are very strict rules for using 1031 exchanges, and if you blog the deadlines or rules, the 1031 will not be valid. Typically, you’ll need a third-party company to hold your 1031 funds (you’ll want to choose this company carefully) and a real estate attorney that you hire to protect your interests. This topic page is the nerve center for hundreds of articles and videos about 1031 exchanges. These articles discuss the nuances of selling property tax-free using a 1031 exchange. You can use the topic cloud on the right navigation to further refine your search.
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 exchange companies factor risk into their fees.
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.
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.
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.
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?
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 by a 1031 exchange company. 1031 exchange companies are not regulated and some have stolen real estate investors' funds. You can use a 1031 exchange for other kinds of investments including artwork, antique cars and valuable baseball cards. How can you find a reputable 1031 exchange company?
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.
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?
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?