June 22, 2022How Long Should I Keep Tax Records Relating to My 1031 Exchange? Many investors are unsure of how long they should keep their tax records pertaining to a 1031 Exchange. Do you hold them for a fewRead More
June 15, 2022Do I Have to Choose a Rental Replacement Property with the Same Amount of Units When Doing a 1031 Exchange? When starting a 1031 Exchange, many real estate investors worry about the IRS’s requirement for “like-kind” properties. Questions often arise, such as “What does like-kindRead More
June 9, 2022Why Should You Use a Cooperation Clause in Your Real Estate Contracts when Doing a 1031 Exchange A 1031 Exchange is a great tool for real estate investors who are looking to defer their capital gains taxes. However, there are a fewRead More
May 27, 2022How to Minimize Taxes When Selling Income-Producing Real Estate Are you considering selling a rental property? As a landlord, it’s important to understand the tax implications. Selling income-producing real estate, like rental properties, oftenRead More
May 19, 2022Why You Need a Qualified Intermediary to Complete a 1031 Exchange When you are looking to complete a 1031 Exchange, it is important that you work with a Qualified Intermediary. This individual is responsible for ensuringRead More
May 12, 20223 Key Considerations when Making a Real Estate Investment Plan Real estate investing offers an exciting pathway to building wealth and achieving financial security. However, it also involves unique risks that require careful planning andRead More
May 5, 2022When is the “Right Time” to Sell an Investment Property? Every real estate investor eventually faces this question: when is it the right time to sell an investment property? The answer varies based on factorsRead More
April 29, 20224 Different Types of 1031 Exchanges A 1031 Exchange is a method to defer capital gains taxes on the sale of certain types of property by reinvesting the proceeds from theRead More
April 24, 2022Are any properties excluded from a 1031 Exchange? The 1031 Exchange is a powerful tool for investors, but there are some types of property that are not eligible for exchange. When considering aRead More
April 18, 2022Tips for Becoming a Successful Rental Property Investor Like any other business, becoming a landlord and acquiring rentals requires proper planning. You’ll need to learn how to efficiently locate rental investment properties andRead More