1031 Exchange
A 1031 exchange is a powerful tax strategy tool that allows an investor to defer taxes on the exchange of like minded investment property to some date in the future. The tax deferral is reinvested allowing your portfolio to grow at a faster rate. There are some caveats to this process, rules as to the kinds of property exchanged and a strict time line to follow. The following links will take you to documents that will clearly explain the exchange process.
As always with financial transactions, you should consult your tax accountant, financial advisor or lawyer before using the exchange as a tax deferred strategy.
- This article explains the fundamentals of a 1031 exchange.
- This article explains the Six important points you must fulfill for a 1031 Exchange.
- If you would like to know the time frame you have to fulfill the IRS deadlines for a 1031 Exchange then use this45/180 day Calculator.
- This article explains the Real Estate Owner web site will provide tax knowledge and tax savings ideas for homeowners. This is not a site that will tell you how to do your taxes but will direct you through the federal income tax issues typically faced by the homeowner
These documents are the actual IRS 1031 tax code documents.
- This article explains the Property held in productive use in a trade or business or for investment.
- This article explains the Additional rules for exchanges of personal property.
- This article explains the Additional rules for exchanges of personal property.
- This article explains the Additional rules for exchanges of personal property.
- This article explains the Additional rules for exchanges of personal property.
- This article explains the Additional rules for exchanges of personal property.
- This article explains the Coordination of section 1060 with section 1031 (temporary).
- This article explains the Treatment of assumption of libilities.
- This article explains the Exchanges of livestock of different sexes.
- This article explains the Exchanges of multiple properties.
- This article explains the Treatment of defered exchanges.
- This is the IRS 8824 exchange form 1031 exchange form from the IRS
Click Here To Create a Custom MLS Search and Receive Property Updates by Email
Licensed Arizona REALTOR®