There are certain factors you must keep in mind before proceeding with your 1031 Exchange. Since it is a complex process, you need to consult a Qualified Intermediary (QI). You must also know the rules for your Identification. Apart from this keeping in mind the timelines is also very important. Rea...

Identification and acquisition of potential like-kind replacement properties in a 1031 exchange are subject to strict requirements. Section 1031 of the Internal Revenue Code (“IRC”) stipulates that in order to defer capital gains taxes through a 1031 exchange, investors must identify pot...

Do you have a vacation or second home that doesn’t get used very often anymore? Have you considered replacing that home with something new? If you’ve thought about selling that vacation or second home, have you wished you could sell it without having to pay high capital gain taxes? 1031 exchange...

The term “reverse 1031 exchange” is a bit misleading. It’s a type of exchange wherein the exchanger finds a replacement property and wants to buy it before the relinquished or exchange property closes. Since the exchanger cannot buy a replacement property, then sell the relinquishe...