Can You Do a 1031 Exchange on a Vacation Home? Understanding IRS Rules
For accredited investors—those with a net worth exceeding $1 million (excluding their primary residence) or annual income above $200,000 ($300,000 joint)—real estate is a cornerstone of wealth-building, and a 1031 exchange offers a powerful way to defer capital gains taxes when selling investment properties. Named after Section 1031 of the Internal Revenue Code, this strategy […]
How to Successfully Complete a 1031 Exchange: A Step-by-Step Guide
For accredited investors—those with a net worth exceeding $1 million (excluding their primary residence) or annual income above $200,000 ($300,000 joint)—real estate is a powerful wealth-building tool, but selling a property often comes with a steep tax penalty that can derail reinvestment plans. A 1031 exchange, named after Section 1031 of the Internal Revenue Code, […]
The Pros and Cons of Doing a 1031 Exchange vs. Selling for Cash
For accredited investors—those with a net worth exceeding $1 million (excluding their primary residence) or annual income above $200,000 ($300,000 joint)—real estate is a vital wealth-building tool, but deciding whether to sell an investment property for cash or pursue a 1031 exchange presents a critical financial fork in the road. A 1031 exchange, named after […]
How a 1031 Exchange Maximizes Your Investment Potential | The Ultimate Guide to Tax Deferrals
For accredited investors, building and preserving wealth through real estate is a proven strategy—but it’s not without challenges. One of the biggest hurdles? Capital gains taxes that erode profits when selling an investment property. Enter the 1031 exchange: a powerful tool under Section 1031 of the Internal Revenue Code that allows you to defer those […]
Finding the Best Replacement Properties for a 1031 Exchange: What Investors Need to Know
For accredited investors—those with a net worth exceeding $1 million (excluding their primary residence) or annual income above $200,000 ($300,000 joint)—a 1031 exchange is a powerful tool to defer capital gains taxes, but its success hinges on one critical decision: choosing the right replacement property. Named after Section 1031 of the Internal Revenue Code, this […]
How a 1031 Exchange Can Upgrade Your Rental Income: Unlocking Higher Cash Flow
Rental income is the heartbeat of real estate investing for accredited investors—those with a net worth over $1 million (excluding their primary residence) or annual income exceeding $200,000 ($300,000 joint)—but not all properties deliver the cash flow you deserve. A single-family rental limping along at $20,000 a year on a $1 million investment, bogged down […]
1031 Exchange vs. Paying Capital Gains Taxes: Which Option Yields Better Long-Term Returns?
For accredited investors—those with a net worth exceeding $1 million (excluding their primary residence) or annual income above $200,000 ($300,000 joint)—real estate is a cornerstone of wealth creation, but deciding what to do with an appreciated property can be a pivotal financial crossroads. Selling outright means facing immediate capital gains taxes, potentially siphoning off hundreds […]
How to Use a 1031 Exchange to Diversify Your Real Estate Portfolio
Real estate is a cornerstone of wealth for accredited investors—those with a net worth exceeding $1 million (excluding their primary residence) or annual income above $200,000 ($300,000 joint)—but concentration in a single property or market can spell trouble. A single-family rental in a volatile city, a commercial space tied to one industry, or a portfolio […]
How to Choose a Qualified Intermediary (QI) for a 1031 Exchange
For accredited investors—those with a net worth exceeding $1 million (excluding their primary residence) or annual income above $200,000 ($300,000 joint)—a 1031 exchange is a cornerstone strategy to defer capital gains taxes, allowing the sale of an investment property and reinvestment into a “like-kind” replacement without immediate tax liability. Named after Section 1031 of the […]
1031 Exchanges and Estate Planning: How to Pass Wealth Tax-Free to Your Heirs
For accredited investors—those with a net worth exceeding $1 million (excluding their primary residence) or annual income above $200,000 ($300,000 joint)—real estate is often a cornerstone of wealth, but passing it to heirs can come with a hefty tax sting. Capital gains taxes on appreciated properties, amassed over decades, can erode the legacy you’ve built, […]
