Airbnb and 1031 Exchanges
Monday, August 19
Are you wondering if you qualify for the tax advantages of a 1031 Exchange when you sell your Airbnb? There are six criteria to receive the 1031 Exchange tax benefit. The key with an Airbnb is your intent to hold for productive use. With this type of investment you must clearly demonstrate your i...
A 1031 Exchange Is As Legal As Your IRA
Tuesday, August 13
A 1031 Exchange is as legal as your IRA. It allows you, as a real estate investors, to keep your gain - including the taxes - working for your own benefit . . . without going to jail! #1031exchange
What To Do With Your Slice Of The Pie: 1031 Exchanges And TICs
Wednesday, August 07
Tenants In Common (TIC) is a wonderful little arrangement wherein multiple owners each have a deeded interest in a property. That interest is a percentage or portion of the property. But can investors who hold an investment as Tenant in Common still take advantage of a tax deferred 1031 Exchange?...
1031 Exchanges and Conversion Into a Primary Residence
Tuesday, July 30
Many people know about the primary residence exclusion that allows them to take the first $250,000 in profit ($500,000 if you're married) tax free after just two years of occupancy. And more and more people are learning about the opportunity to do that repeatedly. But, did you know that you can c...
1031 Exchange Qualified Intermediary - Local vs. National
Tuesday, July 23
Does it matter if you use a local or national 1031 Exchange Qualified Intermediary (QI)? Wouldn't it be better to select someone you can meet in person? While some investors derive a sense of comfort from proximity, the closest QI may not be the right QI. To carry out a 1031 Exchange, your QI mu...