March 15, 2023Don’t Make These 1031 Exchange Mistakes! A 1031 exchange is a tax-deferred exchange allowing an investor to sell a property and use the proceeds to purchase a like-kind property. This processRead More
February 13, 2023Can You Cancel or Back Out of a 1031 Exchange? As with any investment decision, there may be times when a property owner changes his or her mind and no longer wants to go throughRead More
January 17, 2023How Long Do You Have to Hold a Property in a 1031 Exchange? Real estate investors are always looking for ways to increase their return on investment. One of the most effective strategies they can use is aRead 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
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
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
March 22, 2022How long do I have to complete a 1031 Exchange? A question we often receive from real estate investors is, “how long do I have to complete a 1031 Exchange after the sale of aRead More