As a general rule, a taxpayer’s exchange of one property for another property is treated as a taxable event; the gain realized by the taxpayer – meaning the amount by which the fair market value of ...
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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 ...
The IRS focuses on your investment intent—there’s no official minimum holding period for a 1031 exchange property. Most tax advisors recommend holding the property for at least one to two years to ...
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 ...
When you are selling vacant land or non-owner occupied property held for commercial or investment purposes, you need to consider structuring the sale as an Internal Revenue Code ("Code") Section 1031 ...
Gain from a couple’s disposition of agricultural property could not be deferred, even though the property was relinquished in a like-kind exchange that was properly executed, the Tax Court held. The ...
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Federal law gives a commercial real estate investor up to 180 days to complete a 1031 exchange: 45 days to identify a new property and another 135 days to complete the purchase. This is usually an ...
Oil and natural gas investing, like other real assets, can provide a protective hedge to inflation. While depressed oil and gas commodity prices negatively impact returns, oil and gas investments may ...
QUESTION: A few years ago, when real estate values were considerably lower, my husband and I purchased a few rental properties as investments. All of these properties have appreciated in value, and we ...
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