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, 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
S1031EXCHANGE.COM REVERSE 1031 EXCHANGE A Reverse 1031 Exchange is like the Delayed Exchange explained in 1031 Exchange Rules, except that the Exchange is done in reverse. You purchase the Replacement Property before you sell the Relinquished Property. That’s...
by Michael Lantrip | Jun 13, 2021 | 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 | Jun 1, 2021 | 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
S1031EXCHANGE.COM SECTION 121 + 1031 Section 121 is the best of all IRS Tax Code sections for the regular taxpayer, Section 1031 the best for the real estate investor. Together, Section 121 and Section 1031 can be used to completely eliminate Capital Gains taxes in...
