Last updated on January 26th, 2020 at 05:23 pmYou’ve decided a 1031 exchange is right for you. Your investment property has appreciated, and you want to get chips off the table. Or, you’re looking to “trade-up” and use the sale money for a down payment on a larger property. Rather than pay thousands in taxes, … Read more7 Best 1031 Exchange Companies 2020
Last updated on January 21st, 2020 at 07:39 pmIf you’re a Texas real estate investor, you’ve likely been very happy with the result over the past few years. Texas is on fire – the economy is doing well, unemployment is low, and property appreciation is through the roof. All reasons that point to the 1031 … Read moreHow To Crush the 1031 Exchange in Texas – Your Guide to Rules, Exchange Companies, Requirements and More
Last updated on January 7th, 2020 at 09:52 pmWhether you live in Florida full time, own a vacation property there, or are considering an investment in Florida, the 1031 exchange in Florida should be on your radar. If you’re thinking about moving from a northern state to Florida, you’re not alone. Most areas of Florida … Read moreHow To Do a 1031 Exchange in Florida and Defer Taxes Forever
Arizona is more than just retirees, golf courses, and great February weather. It’s also one of the hottest real estate markets in the country. Employers are attracted to Phoenix, Tucson, and Flagstaff’s vibrant and educated workforce, and business-friendly climate. If you own property in Arizona, you’re likely very happy with your purchase. Due to the … Read moreHow to Do a 1031 Exchange in Arizona – Best Exchange Companies & Rules
Last updated on December 18th, 2019 at 09:10 pmIf you’re thinking about a 1031 exchange or in the middle of one, you’ve probably heard the term “boot.” Boot is simply the portion that will be taxed after your partial 1031 exchange. Since the whole point of the 1031 is to defer taxes, boot is usually … Read moreHow To Avoid Boot During Partial 1031 Exchange – Tips and Calculator
If you’re thinking about selling a personal residence or investment property, you need to know what depreciation recapture is. If you’re wondering how much depreciation recapture taxes you’ll owe, use our helpful depreciation recapture calculator below. Table of Contents Depreciation Recapture FAQHow do you calculate depreciation recapture?What is the tax rate on depreciation recapture?How do … Read moreFree Depreciation Recapture Calculator
Last updated on December 23rd, 2019 at 10:45 amAsk anyone about the economy and property values of Colorado and their response will likely use a common word – “booming.” You may be asking, how will a 1031 exchange in Colorado help me? The 8th largest state by land size, Colorado is one of the fastest … Read moreHow To Do a 1031 Exchange in Colorado and Defer Taxes Forever
Last updated on December 31st, 2019 at 04:07 pmCalifornia is the United States’ largest economy and one of the best places to do a 1031 exchange. Due to its incredibly high tax rate and skyrocketing home prices, many property owners have found that the 1031 exchange in California can save them hundreds of thousands in … Read moreHow To Do A 1031 Exchange in California – An Incredible Tool For Tax-Deferral
Last updated on January 3rd, 2020 at 06:42 pmSections 1031 and the 121 exclusion are music to most real estate investors’ ears. Not only are tax breaks available on rental properties through 1031, but everyday homeowners can benefit from 121 as well. It makes sense that investors will wonder things like: “Can I combine section … Read more1031 Exchange on Primary Residence – 3 Incredible Ways to Defer Taxes For Good
Last updated on January 3rd, 2020 at 06:47 pmOnce you’ve learned about the incredible tax benefits of the 1031 exchange, investors start asking harder questions. Some of these questions include ones related to primary residence vs rental property in a 1031. “Can I turn my 1031 exchange property into my primary residence?” “Can I benefit … Read moreHow to Turn a 1031 Exchange Property into Primary Residence – The Do’s and Dont’s
Last updated on December 23rd, 2019 at 06:46 pmBy now, you’ve like realized the inevitable: You need a qualified intermediary for your 1031 exchange. For one, the IRS says that an exchange is only “safe harbor” when there’s a facilitator involved. Second, 1031 exchanges are tough. There are hundreds of “if’s, and’s, and but’s” to … Read moreHow to Find a Qualified Intermediary You Can Trust – The Comprehensive Guide