What Happens When You Sell a 1031 Exchange Property?
When a taxpayer sells a property in a 1031 exchange, two key countdowns start. The first is the 45-day period…
How Long Does a 1031 Exchange Take?
A 1031 exchange can range from as short as two days to as long as 180 days. In a simultaneous…
What Does Not Qualify for a 1031 Exchange?
Several characteristics can make properties ineligible for a 1031 exchange: Non-Like-Kind Properties The IRS disqualifies exchanges where the properties are not of…
Benefits of a 1031 Exchange
A 1031 exchange allows investors to defer capital gains taxes by reinvesting the proceeds from the sale of a property…
What Is a 1031 Exchange?
Many property investors utilize 1031 exchanges as a strategy to defer taxes. A 1031 exchange allows them to sell an…