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Learn about the rules and requirements for like-kind exchanges of real property under IRS Code Section 1031. Find out how the Tax Cuts and Jobs Act limits the application of Section 1031 to exchanges of personal or intangible property.
Learn how to postpone paying tax on the gain from selling business or investment property by reinvesting in similar property under Section 1031. Find out the rules, regulations, structures, time limits and restrictions for qualifying for a like-kind exchange.
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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, steps and benefits of this tax-deferment strategy for real estate investors.
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This publication explains the tax rules and reporting requirements for various types of sales and exchanges of property, including like-kind exchanges. It covers topics such as basis, gain or loss, replacement property, deferred exchange, qualified intermediary, and more.
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Apr 19, 2024 · Learn what a 1031 exchange is, how it works, and what are the rules and benefits for real estate investors. Find out how to use 1031 exchanges to defer capital gains tax, avoid depreciation recapture, and swap like-kind properties.
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 qualifications, steps, deadlines and risks of this tax strategy.
Jan 28, 2023 · 3. 1031 Exchanges Don’t Work to Downsize an Investment. The strict rules surrounding 1031 exchanges require the new investment property to be of equal or greater value than the property being ...
