by Michael Lantrip | 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, Free Money, 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
A Reverse Exchange allows you to buy your Replacement Property while still controlling your Relinquished Property for up to 180 days, keeping the income.
by Michael Lantrip | 1031 Exchange Timeline, Adjusted Basis, Capital Gains Tax, Primary Residence, Section 1031 Exchange, Section 121 Exclusion, Stepped-up Basis
S1031EXCHANGE.COM STEPPED-UP BASIS Stepped-up Basis is what makes all of the deferred taxes on the Capital Gains and the Depreciation Recapture go away. This happens when you pass your property to your heirs. Stepped-up Basis turns “tax-deferred”...
by Michael Lantrip | 1031 Exchange Rules, 1031 Exchange Timeline, 1031 Intent, 1031 Refinance, Capital Gains Tax, Depreciation Recapture, Disregarded Entity, Holding Period, Primary Residence, Section 1031 Exchange, Section 121 Exclusion
Section 121 and Section 1031 together exempt all Capital Gains taxes, and defer Capital Gains and Depreciation Recapture taxes, while you keep the property.
