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Archives: October 2022

Do’s and Don’ts of a 1031 Exchange

Do’s and Don’ts of a 1031 Exchange

What is a 1031 Exchange A tax-deferred exchange under Section 1031 of the Internal Revenue Code is a method that allows you to sell an investment property and acquire another like-kind property while deferring state and federal capital gains taxes until later.  ...
How to Give Your 1031 Exchange Boot the Boot!

How to Give Your 1031 Exchange Boot the Boot!

Let’s first explain what boot is and why you don’t want it. Ideally a 1031 exchange is a tax-deferred financial investment strategy that involves reinvesting into a like-kind property to defer capital gains. But if the replacement property isn’t the same value of your...