How savvy investors use 1031s to defer capital gains and build wealth Robert Wood Tax is an attorney at WoodLLP. He is also the author of more than 30 books and numerous articles. David Kindness is a ...

Discover how a 1031 exchange works to defer capital gains taxes on real estate. Learn the rules, timelines, and strategies to ...

First, let's cover some of the basic rules that govern 1031 exchanges. A 1031 exchange is a tax-deferred exchange where a taxpayer sells one or more assets held for productive use in a trade or ...

It has been a while since we did a post on Section 1031 exchanges. Tax Reform eliminated the ability for using a tax-deferred exchange on personal property. For farmers in states without an income tax ...

At its core, a 1031 exchange is designed to accomplish one simple goal: to avoid taxes. But owners turn to 1031 exchanges to carry out a variety of business strategies. A retail owner might use an ...

Like-kind real estate exchanges, or 1031 exchanges, have been an integral part of real estate investment for many years, dating back to the Revenue Act of 1921. While these rules have evolved over ...

Section 1031 provides an exception to the general rule requiring current recognition of gain or loss upon the sale or exchange of property. It provides, in part: No gain or loss shall be recognized on ...

With a 20-year career working in cost segregation, fixed assets and depreciation laws, I’ve seen quite a bit. My team and I have helped clients large and small navigate tax cuts, tax increases, new ...

David Joseph Hoppock is a freelance and healthcare technology specialist. He has 3+ years of experience writing about personal finance. Ebony Howard is a certified public accountant and a QuickBooks ...

The First Flatiron at Boulder's Chautauqua Park was the site of a rescue of two University of Colorado students on Friday evening, When people hear the term “1031 Exchange,” they often perceive it as ...

The enactment of the law known as the Tax Cuts and Jobs Act (TCJA), P.L. 115-97, amended Sec. 1031 to apply only to exchanges of real property. Because of this change, the exchange of personal ...

One proposal in President Joe Biden’s $1.8 trillion American Families Plan has been drawing close attention from concerned commercial real estate investors. It would place a $500,000 limit on 1031 ...