When it comes to capital gains, there's a lot of confusion out there. Are they adjusted for inflation? Do they get taxed as regular income? As a real estate investor, it's important that you understand how capital gains work so that you can make the most informed decision possible when it comes time to sell.
A 1031 exchange is a powerful tool for real estate investors. It allows you to defer paying capital gains taxes on the sale of an investment property by reinvesting the proceeds into a new property. But what happens if you miss a deadline when completing 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're looking for.
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?
In order to complete a 1031 Exchange, there are strict timelines that you must abide by through various stages of the process. Missing one of these key dates could forfeit your ability to do 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 the relinquished property (or the property that was sold).
Every so often, it’s wise for real estate investors to review their portfolios and take an objective look at the performance of their holdings. If there are properties that are not bringing the ROI that the investor desires....
One common point of confusion about the 1031 Exchange process comes from the word “exchange” itself....
Many landlords enjoy the passive income that comes from renting out their properties. However, there is some risk involved in holding a rental property for too long. So how can you tell when it's time to sell your rental property? There are a few things to consider.
If you're looking for a way to leave a lasting legacy for your heirs, real estate is a great option. Not only will your heirs receive the properties you pass down to them, but they'll also benefit from any appreciation that occurs over time.
When it comes to selling assets for a profit, it's important to be aware of capital gains taxes. Essentially, if you sell an asset for more than you paid for it, you may be subject to paying capital gains tax on the profit. This can include anything from stocks and bonds to real estate or even your car.
A 1031 Exchange is a great way to invest in real estate without incurring capital gains taxes. However, there are some restrictions on what types of property can be exchanged.
Brazos County attorney and 1031 intermediary Chris Peterson shares the 5 most important questions to ask before you decide to flip your first house.
When you sell a capital asset for more than it cost when you purchased it, you experience a capital gain. Capital assets include equities, bonds, precious metals, gems, and property.
Many investors are unsure of how long they should keep their tax records pertaining to a 1031 Exchange. Do you hold them for a few years, 10 years, or forever? We'll discuss how long to keep your tax documents when you engage in this type of transaction.
Do I Have to Choose a Rental Replacement Property with the Same Amount of Units When Doing a 1031 Exchange?
When starting the 1031 Exchange process, real estate investors express concern about the IRS requirement that a property be exchanged for one that is "like-kind." They wonder, "what does like-kind really mean?" and "how similar must the properties be to qualify?"
A 1031 Exchange is a great tool for real estate investors who are looking to defer their capital gains taxes. However, there are a few things you should know before you try to do one.
Selling a property brings with it a heavy tax load. Attorney Chris Peterson explains how you can minimize the taxes you pay when selling an income-producing property.
Attorney Chris Peterson explains the role of an Intermediary and why working with a Qualified Intermediary is so important when completing a 1031 Exchange.