If you are active in real estate, you’ve probably heard of the 1031 exchange Florida. It’s a tool that lets you sell an investment property and buy another without paying capital gains tax right away. Many investors use it to keep their money working instead of losing a large portion to taxes. But one detail […]
Considering trading with co-owners? You can—if you play by the rules. If you own property in Tenants in Common (TIC) status, you’ve got a unique chance to tap into the tax-deferred advantages of a 1031 exchange California. The catch? Figuring out how to play within rules of the IRS and co-owner agreements without triggering a […]
The 1031 exchange lets you sell one investment property and use the proceeds to buy a new one. You can use this method to add diversity to your portfolio, enter a new market, or invest in a new location. However, you need to hold on to this newly purchased property for a while, which brings […]
Need cash but don’t want to mess with your current mortgage? You’re not alone. Many homeowners want to tap into their home equity but avoid the hassle of refinancing. Maybe your current interest rate is great. Maybe you just don’t want to restart the loan process or deal with all the paperwork. The good news? […]
A 1031 exchange entails swapping one real estate investment property for another, deferring capital gains taxes. Section 1031 of the Internal Revenue Code (IRC) is the origin of the term 1031 exchange. It is often used by real estate agents, investors, title companies, and mortgage brokers like us. What is a 1031 exchange in real […]
The Federal Housing Administration, which is part of the U.S. Department of Housing and Urban Development, issues a specific type of mortgage called the FHA loan. Do you want to find out what is an FHA home loan? Then, you are in the right place. Here, we will answer your question and feed you info […]
What Is a DST 1031 Exchange? Are you wondering what is DST 1031 exchange? It is a combination of two powerful real estate tools: the traditional 1031 tax-deferred exchange and investment in a Delaware Statutory Trust (DST). Essentially, instead of buying a new property outright in your exchange, you invest in a share of a […]
Can you sell your home and avoid taxes on a 1031 exchange? It makes sense. The concept is simple, but the answer isn’t. Typically, your residence isn’t qualified. This guide makes what matters easy to understand, without overcomplicating it. What Is a 1031 Exchange? If you’re selling an investment property, you can reinvest the profit […]
Thinking of reinvesting in real estate without getting hit by taxes? You’ve probably heard of a 1031 exchange. A reverse 1031 exchange can be a powerful tool when you’re ready to buy before you sell. Instead of selling first, you acquire the replacement property and hold it while you arrange the sale. This method helps […]
Very few things are permanent in life, with taxes being one of them. Capital gains taxes, particularly on real estate sales, can be extremely burdensome. Fortunately, there is a very popular tax-deferral tool called the 1031 exchange. Savvy investors often rely on it. With this strategy, investors can defer capital gains taxes on the sales […]