Yahoo Web Search

Search results

  1. Apr 19, 2024 · A 1031 exchange is a swap of one real estate investment property for another that allows capital gains taxes to be deferred. Learn the requirements, benefits, and drawbacks of this tax break, as well as the special rules for depreciable property and vacation homes.

  2. Learn the guidelines and requirements for taxpayers who want to defer tax on the gain from selling business or investment property and reinvesting it in similar property under IRC Section 1031. Find out the different types, structures, time limits and restrictions of a Section 1031 exchange, as well as the exceptions and exclusions from the like-kind exchange treatment.

    • 38KB
    • 4
  3. Nov 29, 2023 · Learn how to defer capital gains tax on investment property sales with a 1031 exchange, also known as a like-kind exchange. Find out the requirements, benefits and steps to conduct a successful 1031 exchange.

  4. Feb 28, 2024 · Learn how a 1031 exchange can postpone capital gains tax on the sale of a business or investment property by using the proceeds to buy a similar property. Find out the rules, qualifications, types and risks of this tax strategy.

  5. Learn how to exchange real property used for business or investment without recognizing a gain or loss under IRS Code Section 1031. Find out the rules, exceptions and reporting requirements for like-kind exchanges.

  6. People also ask

  7. Jan 28, 2023 · 1. 1031 Exchanges Are Also Known as ‘Like-Kind’ Exchanges, and That Matters. Section 1031 of the IRC defines a 1031 exchange as when you exchange real property used for business or held as an...

  8. Aug 29, 2022 · Learn how to defer federal taxes on the profits of business or investment real estate by selling one property and buying another in a properly structured 1031 exchange. Find out the requirements, benefits, and drawbacks of this tax loophole that is sometimes called the Starker Loophole.

  1. People also search for