Vacation Homes or Second House & the 1031. Day 21 – The 31 Days of 1031
Second homes, sometimes known as vacation homes, present another 1031 Exchange opportunity! Here's how to assess whether yours qualifies for a 1031 Exchange....
The 31 Days of 1031
What is a Boot in An Exchange? Day 20 – The 31 Days of 1031
Boot is "unlike" property acquired through Exchange and is taxable. But before finalizing the deal, you can restructure to avoid taxable boot....
Who Can Use the 1031 Exchange? Day 19 – The 31 Days of 1031
Are only large-scale investors eligible to use 1031 Exchange options? And how can a broker who facilitates Exchanges benefit smaller investors?...
How to Get Started with a 1031. Day 18 – The 31 Days of 1031
Put the money from the sale of your rental property into a new investment with a 1031 Exchange to avoid paying taxes of up to a third on your gain....
How Do You Facilitate 1031 Exchange? Day 17 – The 31 Days of 1031
What does a Qualified Intermediary do to enable an Exchange under IRC section 1031, and do you really need one to carry out an Exchange? Here's what to know....
How to Sell In a 1031 Exchange. Day 16 – The 31 Days of 1031
Exchange facilitator David Moore speaks on the time frame you have to sell your 1031 Exchange property, and other options that give you more flexibility....
What Can You Buy With An Exchange? Day 15 – The 31 Days of 1031
In a 1031 Exchange you are required to provide an “unambiguous description” of the replacement property to be valid in your Exchange. Here's the requirements....
The Five Year Hold Period Myth Day 14 – The 31 Days of 1031
The five-year hold is NOT a requirement of Section 1031, learn why was put in place as a requirement to prevent you from triggering gain on the disposition of the property that was acquired. ...
When Can I Get Money Out of a 1031 Exchange? Day 13 – The 31 Days of 1031
The Exchangor may only claim money if they comply with the written Exchange Agreement and the G6 requirements- but what are the G6 requirements?...
4 Basic Rules of the 1031 Exchange. Day 12 – The 31 Days of 1031
What are the guidelines for a 1031 Exchange? Discover our four BASIC Exchange pillars here with Equity Advantage's David Moore....
