November 23, 2022The Surprising Answer to Whether Capital Gains are Adjusted for Inflation When it comes to capital gains, there’s a lot of confusion out there. Are capital gains adjusted for inflation? Do they get taxed as regularRead More
November 18, 2022What Happens if you Miss a 1031 Exchange Deadline? A 1031 exchange is a powerful tool for real estate investors. It allows you to defer paying capital gains taxes on the sale of anRead More
November 10, 2022Are Real Estate Taxes the same as Capital Gains? After a long day of work, the last thing you want to do is spend hours poring over complex tax laws. But as a savvyRead More
October 28, 2022Taking Advantage of the Tax Benefits of a 1031 Exchange As an entrepreneur or real estate investor, you’re always looking for ways to minimize your tax liability. A 1031 Exchange may be just what you’reRead More
October 24, 2022How Many Times Can I Complete a 1031 Exchange for Real Estate? A 1031 exchange is a great way to defer paying taxes on the sale of your investment property. But how often can you do it?Read More
October 17, 20225 Tips for Buying a Rental Property If you’re thinking of buying a rental property, congratulations! Rentals can be a great way to earn some extra income and build your wealth overRead More
October 7, 2022Tax Tips for House Flippers House flipping—the process of buying a property, renovating it, and then selling it for a profit—is a great way to earn some extra money. However,Read More
September 29, 2022What Kind of Property Works for a 1031 Exchange? Prior to 2020, a 1031 Exchange could be completed on a wide variety of business or personal property. For example, if you owned a constructionRead More
September 24, 2022There’s No Wiggle Room When It Comes To These 1031 Exchange Deadlines To complete a 1031 exchange, you must follow strict timelines at each stage. Missing a key date could disqualify your exchange, with almost no chancesRead More
September 14, 2022How Many Properties Can I Identify as a Replacement Property in a 1031 Exchange? A common source of confusion during the 1031 Exchange process centers around identifying a potential replacement property within 45 days of the sale of theRead More