Ultimately, boot is an intricate topic that can significantly impact the tax benefits of a 1031 exchange, so knowing how to navigate it is vital. With strategic planning and a keen understanding of ...

After successfully jumping through the hoops of a 1031 exchange, taxpayers are frequently surprised with a taxable gain on the transaction. Occasionally, the gains can be material. The culprits are ...

A 1031 Like-Kind Exchange, named after Section 1031 of the U.S. Internal Revenue Code, is a strategic investment tool that allows real estate investors to defer capital gains tax on the sale of a ...

Tax nerds may be able to spout off Internal Revenue Code Sections, but most people never get beyond 401(k). (That's right, your workplace retirement savings plan is named after a section of the tax ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. This article is more than 6 years old. Section 1031 is one of the ...

A 1031 exchange allows you to defer your capital gains and depreciation recapture taxes from an investment property by exchanging it with another property. It might sound complicated, but if you ...

Situation: Your client holds several rental properties for investment purposes but is interested in selling one of them to buy a larger property. He has had the original property for five years. He ...

A 1031 exchange is a transaction sanctioned by the U.S. Internal Revenue Service that allows a seller to “swap” one “like-kind” investment property for another when buying one of equal or greater ...

If you’re a real estate investor, you know that real estate comes with some unique tax advantages. One of the most beneficial tax strategies is using a 1031 exchange to postpone paying capital gains ...