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11 March 2021 | 5 replies
You have hit the JACKPOT of resources for real estate investors.
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15 March 2021 | 6 replies
You have hit the JACKPOT of resources for real estate investors.
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11 March 2021 | 3 replies
You have hit the JACKPOT of resources for real estate investors.
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12 March 2021 | 13 replies
You have hit the JACKPOT of resources for real estate investors.
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25 March 2021 | 2 replies
You have hit the JACKPOT of resources for real estate investors.
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11 March 2021 | 5 replies
The IRS requires that any relinquished or replacement property in a 1031 exchange be "held for investment or use in trade or business", which is a very broad and liberal term.
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17 March 2021 | 4 replies
You have hit the JACKPOT of resources for real estate investors.
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18 March 2021 | 6 replies
You have hit the JACKPOT of resources for real estate investors.
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25 March 2021 | 5 replies
You have hit the JACKPOT of resources for real estate investors.
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15 March 2021 | 15 replies
The IRS is very liberal with their definition of "like-kind"Just make sure you keep an eye on the other major 1031 rules:Reinvest into a property of equal/greater value and equityKeep the same taxpayer on both ends of the 1031XIdentify within 45 days of your saleClose within 180 days of your saleUse a qualified intermediary