Kiah Treece is a former attorney, small business owner and personal finance coach with extensive experience in real estate and financing. Her focus is on demystifying debt to help consumers and ...
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Real estate investors who have transacted more than one property know the power of a 1031 exchange.
FORT MYERS, Fla., Nov. 12, 2024 /PRNewswire/ -- Equity 1031 Exchange is thrilled to announce the launch of a new referral program that offers cash incentives to real estate professionals. The program, ...
Looking to sell an investment property but don’t want to pay taxes on the profit right away? That’s exactly where the 1031 exchange rules come in. A 1031 exchange — named after Section 1031 of the ...
Section 1031 of the tax code allows taxpayers to enjoy a deferral from taxes if they relinquish business property in exchange for like-kind property. This is normally implemented for real estate ...
"Our veterans and active military have sacrificed so much for our nation, and we want to give back to those who have given us so much," said Margo McDonnell, President and CEO of 1031 CORP. "This ...
Location is paramount to any successful commercial real estate deal, as are solid financing, a great property and reliable partners. Panic and confusion, however, are not ideal ingredients to add to ...
The 1031 exchange, also known as a like-kind or Starker exchange, is a tax strategy rooted in Section 1031 of the Internal Revenue Code. It enables an investor to defer capital gains taxes on a sold ...
Question: What is an Internal Revenue Code Section 1031 Like-Kind Exchange? Answer: Section 1031 of the Internal Revenue Code allows a taxpayer who owns business or investment real estate to “exchange ...
I want to sell my current investment property and buy a new one -- Is that a 1031 Exchange? Do you have any tips for that? Can my real estate agent help me do this? A: Yes, your real estate agent can ...