Boot is “unlike” property received in an exchange. Cash, personal property, or a reduction in the mortgage owed after an exchange are all boot and subject to tax. By forecasting the potential for taxable boot, the Exchanger can restructure the transaction before committing to the deal. So how can we make this work for you?

Sit down with Tina Colson and Jenni Anderson in our latest blogcast update for all things “BOOT” in an exchange!

What You Will Learn:

  • Definition of boot
  • Why you could be facing expose in the form of a boot
  • Why you you cannot use any cash for anything that is not of like kind in the exchange.
Read the Full Transcript

Navigating 1031 exchange options takes a professional, and you can count on the whole team at Equity Advantage to help. Your investments are just too important not to have an expert on your team. Give the folks at Equity Advantage a call, 503-635-1031, to get started!