Author name: about1031

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Why Is The 1031 Exchange Called A ‘Like-Kind’ Exchange?

Have you ever wondered why the 1031 exchange is called a “like-kind” exchange? Well, in this article, we’ll dive into the reasons behind this intriguing name. So, let’s explore this topic together and uncover the fascinating secrets of the 1031 exchange! When it comes to real estate, the 1031 exchange is a popular strategy used …

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Are There Any Age Restrictions For Property Owners In A 1031 Exchange?

Are There Any Age Restrictions for Property Owners in a 1031 Exchange? If you’re wondering about age restrictions for property owners in a 1031 exchange, you’ve come to the right place! You might be thinking, “Wait, what’s a 1031 exchange?” Well, it’s a tax-deferred strategy that allows property owners to swap one investment property for …

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Is There A Minimum Holding Period For Properties In A 1031 Exchange?

When it comes to 1031 exchanges, there’s often a lot of confusion surrounding the minimum holding period for properties involved in the process. So, is there a minimum holding period for properties in a 1031 exchange? Let’s dive in and find out! If you’ve been researching 1031 exchanges, you might have come across this question …

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Can Use 1031 Exchange To Swap Properties With My Business Partner?

Thinking about swapping properties with your business partner? Wondering if you can use a 1031 exchange to make it happen? Well, you’ve come to the right place! In this article, we’ll explore the ins and outs of using a 1031 exchange to swap properties with your business partner. So, let’s dive in and find out …

Can Use 1031 Exchange To Swap Properties With My Business Partner? Read More »

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The Basics Of What A 1031 “like-kind” Exchange Is And How It Works

Are you curious about the basics of what a 1031 “like-kind” exchange is and how it works? Well, you’ve come to the right place! Let’s dive in and explore this intriguing concept together. Picture this: you own a piece of property, but you want to exchange it for another property without incurring a hefty tax …

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Is A 1031 Exchange Limited To Domestic Properties?

Are you curious about whether a 1031 exchange is limited to domestic properties? Well, let’s dive into this topic and find out! A 1031 exchange, also known as a like-kind exchange, allows investors to defer paying taxes on the sale of investment properties. Now, you might be wondering if this tax-saving strategy is only applicable …

Is A 1031 Exchange Limited To Domestic Properties? Read More »

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Are There Any State-Specific Rules For 1031 Exchanges?

Are there any state-specific rules for 1031 exchanges? Well, let’s dive in and find out! If you’re not familiar with 1031 exchanges, they’re basically a way for real estate investors to defer paying taxes on their property sales. It’s a pretty nifty tool that helps investors grow their wealth. But here’s the thing – each …

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How Do Choose A Qualified Intermediary For 1031 Exchange?

So, you’re interested in learning how to choose a qualified intermediary for a 1031 exchange? Well, you’ve come to the right place! Let me break it down for you in a straightforward and easy-to-understand way. A 1031 exchange is a fantastic option for real estate investors who want to defer their capital gains taxes. But …

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