September 23, 20241031 Exchange Dilemma: When Your Buyer Needs an ExtensionYou’re in the middle of a 1031 exchange, everything’s going smoothly, and then suddenly – your buyer needs more time to close. What now? ThisRead More
August 14, 2024I Rent Out Part of My House as an Airbnb… Would It Qualify for a 1031 Exchange?In today’s sharing economy, many homeowners are dipping their toes into the short-term rental market through platforms like Airbnb. But what happens when you wantRead More
July 30, 2024Do I Need to Disclose That I’m Doing a 1031 Exchange?If you’re considering a 1031 exchange, you might be wondering: “Do I have to tell potential buyers about my plans?” It’s a common concern amongRead More
July 16, 2024Why Does My 1031 Exchange Property Need to Be of Similar or Greater Value?Picture this: You’ve found a diamond in the rough. It’s a property that’s worth less than the one you’re selling, but you see its potential.Read More
March 28, 2024Navigating Your 1031 Exchange: How to Collaborate with Your Realtor for SuccessYour trusted real estate agent often plays a crucial role in property transactions – sourcing listings or representing your interests as a seller. Within aRead More
March 21, 2024Urgent Reminder for 1031 Exchangers: Act Now to Protect Your Tax Deferral BenefitsIf you recently sold a property and initiated a 1031 exchange, an important tax deadline may be closer than you think. Failing to file aRead More
August 25, 2023Steer Clear of These 7 Common Missteps When Investing in Real EstateHere at WealthBuilder1031, we understand the allure of the real estate market – it’s a lucrative field that offers a solid pathway to long-term wealth.Read More
July 24, 2023The Top 10 Mistakes to Avoid in a 1031 ExchangeThe path to a successful 1031 exchange can be fraught with potential missteps. Some of the most common mistakes include missing the 45-day identification windowRead More
March 15, 2023Don’t Make These 1031 Exchange Mistakes!A 1031 exchange is a tax-deferred exchange that allows an investor to sell a property and use the proceeds to purchase a like-kind property, therebyRead More