1031 Property Exchanges Garden Brook Realty Is Prescott’s Leading One-Stop Company For First Time And Savvy Real Estate Investors. Buying, Selling, Property Management, 1031k Exchanges

Here are key steps to take when thinking about starting a Reverse or Improvement Exchange: STEP 1  Select a QUALIFIED INTERMEDIARY to assist you with the

Below is a bottom line review of the basic requirements for successful tax deferral under Section 1031. PURPOSE Defer payment of capital gains taxes  PROPERTY THAT

Internal Revenue Code Section 1031 applies only to “property held for productive use in a trade or business or for investment”. (IRC section 1031(a)(1)). It allows

The exchanger can purchase replacement property first, however the exchanger cannot hold title to both the relinquished property and the replacement property at the same

For a successful 1031 exchange, it is important to understand and comply with the 1031 exchange identification rules. These rules are not that complicated, but a

Equal or Greater in Value and Equity  One of the most common questions we receive from taxpayers who plan to do a 1031 exchange is

To create a valid 1031 exchange, the taxpayer must assign his rights under the purchase and sale agreement to a “qualified intermediary“. In addition, the