I'm an agent in Utah working with a client, and if i remember right there is a way for my client to do the 1031 exchange and put it in a trust or like entity to make it so even after there passing and the children inh...
Does replacement property have to be "held" long term or can you improve the property and do another exchange "equal or better" ? Isn't the intent of the law to continue your investment and therefore you are merely ...
Can depreciation taxes be avoided by performing a 1031 exchange?
Thank you,
Any experience with a deferred tax trust vs 1031?Interested in actual experiences for wealth protection. Thanks in advance.
Does anyone know if it's ok to do a 1031 exchange and use the money to jointly buy property with somebody else or does the owner have to be the same person and no one else?
Good Afternoon,I am trying to figure out the best way for an investor who has been renting out a property for 4-5 years to defer his taxes from the proceeds when he sells it this year. I have heard of a self directed...
I'm starting out wholesaling houses, but one of my concerns is how to protect your earned money. Definitely I understand that everyone needs to pay taxes, but which would be a way to protect the money as much as you c...
Let's say I sell a property that I have owned for 10 years and then use the 1031 Exchange method and buy another property of the same type. Does this method wipe away all depreciation recapture taxes for the property ...
I currently have a rental property with substantial assets gains. Since I will hopefully be retiring within 2-3 years, how can I avoid potential tax consequences? Can I opt to make it a primary residence?