by Michael Lantrip | Oct 23, 2021 | 1031 Construction Exchange, 1031 Dictionary, 1031 Exchange Rules, 1031 Exchange Timeline, 1031 Intent, 1031 Refinance, Accelerated Depreciation, Adjusted Basis, Bonus Depreciation, Capital Gains Tax, Dealer Property, Depreciation Recapture, Disregarded Entity, Escrow Account, Form 8824, Holding Period, Like Kind Exchange, Owner Financing, Qualified Intermediary, Reverse 1031 Exchange, Section 1031 Exchange, Section 1250 Property
S1031EXCHANGE.COM 1031 REFINANCE If you do a 1031 refinance on your Relinquished Property prior to closing a Section 1031 Exchange, or if you do a 1031 refinance on your Replacement Property after closing a Section 1031 Exchange, you will have taxable...
by Michael Lantrip | Oct 6, 2021 | 1031 Construction Exchange, 1031 Dictionary, 1031 Exchange Rules, 1031 Exchange Timeline, 1031 Intent, 1031 Refinance, Accelerated Depreciation, Adjusted Basis, Bonus Depreciation, Capital Gains Tax, Dealer Property, Depreciation Recapture, Disregarded Entity, Escrow Account, Form 8824, Holding Period, Like Kind Exchange, Owner Financing, Primary Residence, Qualified Intermediary, Reverse 1031 Exchange, Section 1031 Exchange, Section 121 Exclusion, Section 1250 Property, Tenants In Common
S1031EXCHANGE.COM SECTION 1031 DICTIONARY A good Dictionary is critical for understanding the language and meaning of Section 1031. The words and phrases that are used have meanings that are unique to the situation. Below, in alphabetical order, are definitions of the...
by Michael Lantrip | Sep 26, 2021 | 1031 Construction Exchange, 1031 Dictionary, 1031 Exchange Rules, 1031 Exchange Timeline, 1031 Intent, 1031 Refinance, Accelerated Depreciation, Adjusted Basis, Bonus Depreciation, Capital Gains Tax, Dealer Property, Depreciation Recapture, Escrow Account, Form 8824, Holding Period, Like Kind Exchange, Qualified Intermediary, Reverse 1031 Exchange, Section 1031 Exchange, Section 1250 Property
S1031EXCHANGE.COM DEALER PROPERTY Dealer Property does not qualify for nonrecognition of capital gains, because Section 1031 is only for property that is “held for productive use in a trade or business or for investment.” But that does not mean that your...
by Michael Lantrip | Sep 25, 2021 | 1031 Dictionary, 1031 Exchange Rules, 1031 Exchange Timeline, 1031 Intent, 1031 Refinance, Accelerated Depreciation, Adjusted Basis, Bonus Depreciation, Capital Gains Tax, Dealer Property, Depreciation Recapture, Escrow Account, Form 8824, Free Money, Holding Period, Like Kind Exchange, Qualified Intermediary, Reverse 1031 Exchange, Section 1031 Exchange, Section 1250 Property
S1031EXCHANGE.COM SECTION 1031 INTENT Section 1031 Intent is the most misunderstood concept in all of Real Estate Investing when using a Section 1031 Like Kind Exchange. Because of the large amount of misinformation on blogs and real estate forums, there is a...
by Michael Lantrip | Sep 24, 2021 | 1031 Construction Exchange, 1031 Dictionary, 1031 Exchange Rules, 1031 Exchange Timeline, 1031 Intent, 1031 Refinance, Accelerated Depreciation, Adjusted Basis, Bonus Depreciation, Capital Gains Tax, Dealer Property, Depreciation Recapture, Disregarded Entity, Escrow Account, Form 8824, Holding Period, Like Kind Exchange, Owner Financing, Primary Residence, Qualified Intermediary, Reverse 1031 Exchange, Section 1031 Exchange, Section 121 Exclusion, Section 1250 Property, Tenants In Common
S1031EXCHANGE.COM FORM 8824 IRS Form 8824, the 1031 Exchange form, is where you report your Section 1031 Exchange – Delayed, Reverse, or Construction. The Form 8824 is due at the end of the tax year in which you began the transaction, as per the Form 8824...
by Michael Lantrip | Sep 24, 2021 | 1031 Construction Exchange, 1031 Dictionary, 1031 Exchange Rules, 1031 Exchange Timeline, 1031 Intent, 1031 Refinance, Accelerated Depreciation, Adjusted Basis, Bonus Depreciation, Capital Gains Tax, Dealer Property, Depreciation Recapture, Escrow Account, Form 8824, Holding Period, Like Kind Exchange, Qualified Intermediary, Reverse 1031 Exchange, Section 1031 Exchange, Section 1250 Property
S1031EXCHANGE.COM 1031 CONSTRUCTION EXCHANGE A 1031 Construction Exchange is also called a Build-to-Suit Exchange and an Improvement Exchange. A 1031 Construction Exchange is the same as the Delayed Exchange explained in 1031 Exchange Rules, but a 1031 Construction...
