Real Estate Exchanges have been the main stay of building real estate portfolios for years. The main reason for the popularity of Exchanges is it allows you to trade one real estate investment for another, while deferring taxes on that transaction. This enables a more rapid increase in portfolio size, since more equity can be applied to the […]
1031 Exchange: Increasing the velocity of your money through real estate
The following article is the first of a series of articles about how to increase the velocity of your investment dollar through real estate. 1031 real estate exchanges A 1031 exchange is a tax-deferred real estate transaction that “swaps” one investment property with another investment property under very strict IRS rules for the timeline and […]
Coronavirus and 1031 Exchanges
A 1031 Exchange is a tax-deferred real estate transaction that “swaps” one investment property with another investment property under very strict IRS rules for the timeline and deadlines that structure the transaction. Recently, stay-at-home orders suspended in-person showings of properties, making it tough to identify a replacement property in a timely manner. This adds pressure […]