1031 Exchange
1031 Exchange Lawyers. The real estate tax deferred exchange is an alternative to a common sale and purchase transaction regulated by the IRS Code §1031. Our qualified Lead Counsel 1031 Exchange Attorneys can help assure your 1031 tax exchange complies with all applicable laws or if you are interested in other investment real estate options.
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Frequently Asked Questions
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What Is 1031 Exchange?
A 1031 exchange is a method for deferring capital gains tax on a real estate transaction. -
How Can I Qualify To Defer My Taxes When I Sell My Property?
Any investor can qualify! Section 1031 of the IRS code lets you sell your property and buy a new property and deferring the payment of taxes owed. You simply follow specific rules. A … more -
What Is A Qualified Intermediary?
The IRS says if you touch the money you pay the tax. However, if you use a qualified intermediary to transfer the money from the sold property into the purchased property, you qualify for a tax … more
1031 Exchange Resources
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What Is 1031 Exchange?
A 1031 exchange is a method for deferring capital gains tax on a real estate transaction.
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1031 Exchange
What is a 1031 Exchange? In July of 1991, the Internal Revenue Service (IRS) finalized the rules … more
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Can I Use My Ira In Conjunction With A 1031 Exchange?
Yes if you do it right. Using an IRA for real estate requires a special SelfDirected IRA. … more
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What Kind Of Real Estate Qualifies For A 1031 Exchange?
Almost every kind of real estate is considered like kind and can be exchanged for any other real … more
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Can I Get Money Out Of The Exchange Tax Free?
Yes one way is to complete the exchange first and then refinance the new property.
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I Have Already Sold My Property. Can I Still Do An Exchange?
Yes provided your sale has not closed yet your taxable sale can be turned into a tax free … more
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Can I Exchange Several Smaller Properties For A Larger One?
Yes you can sell any number of smaller properties and trade up to a larger one.
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Can I Refinance Without Blowing The Tax Free Exchange?
Yes you can refinance the property you are selling before you exchange or refinance the property … more
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How Do I Exchange Into A Larger Property (Trade Up)?
You trade up by getting a bigger loan on the new property or adding cash or equities in other … more
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What Exactly Are The Tax Advantages In Exchanging?
You can eliminate paying any capital gains taxes and you can eliminate paying the even … more