Selling real estate for more than you paid for it is a good thing, but the capital gain has tax consequences. If you used the property for business or held it as an ...
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1031 exchange rules: How to defer taxes when you sell investment property
Knowing the 1031 exchange rules for real estate and taxes will come in handy if you're an investor. Here's the details you'll ...
Your clients might own a getaway home in the country, a cozy cottage on a lakeshore, a condo on the oceanfront or a rustic cabin in the mountains. When they sell it, they may recognize gain without ...
As promised, the IRS last month updated its guidance on the use of Starker exchanges for vacation homes. Such transactions, also known as like-kind exchanges or Section 1031 exchanges, allow owners of ...
Selling real estate can turn a large profit, but it also comes with a large tax bill. That's where a 1031 exchange comes in handy: by offering you a deferred tax break. But 1031 exchanges are ...
Selling real estate for more than you paid for it is a good thing, but depending on the amount of your profit, it could trigger a tax liability known as the capital gain tax. However, there are some ...
A 1031 exchange lets you swap investment properties tax-free, enhancing your investment funds. Only "like-kind" investment properties qualify for 1031 exchanges, not personal residences. Delayed 1031 ...
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Patrick Grimes is the founder of Invest on Main Street, a private equity firm managing passive multifamily investments in emerging markets. Back when you started your real estate investment business, ...
Commercial real estate investors are understandably interested in pursuing strategies that reduce or even eliminate tax liabilities. It’s no surprise that some of the most common questions investors ...
A 1031 Exchange is a powerful tax-deferral strategy that allows real estate investors to sell an investment property and reinvest the proceeds into another like-kind property—without paying capital ...
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