Selling real estate for more than you paid for it is a good thing, but depending on the amount of your profit, it could trigger a tax liability known as the capital gain tax. However, there are some ...
Taxes rarely make for exciting reading material, but 1031 exchange rules are a must-know if you own an investment property. Why? Because normally when you sell an investment property for more than ...
The IRS focuses on your investment intent—there’s no official minimum holding period for a 1031 exchange property. Most tax advisors recommend holding the property for at least one to two years to ...
Honolulu (KHON2) – Kay Mukaigawa of Engel and Volkers explains misconceptions of 1031 Exchange. As more Hawaii residents sell property, homeowners can take advantage of the 1031 Exchange, in which Kay ...
Dear Liz: My husband and I are selling a commercial property for $600,000 and we have capital gains questions. Our Realtor said that we have 90 days to buy another property but suggested we don’t make ...
***Money is not a client of any investment adviser featured on this page. The information provided on this page is for educational purposes only and is not intended asinvestment advice Money does not ...
Savvy investors can use 1031 exchanges to unlock value by moving capital across markets in a play called geographic arbitrage ...
In this edition of Living Akamai, Kay Mukaigawa discussed the benefits of a 1031 exchange, especially when someone has made a sale and earned a large amount from their house. “One of the options your ...
A 1031 real estate exchange, also known as a like-kind exchange, is a tax-deferral strategy used by real estate investors to defer capital gains taxes on the sale of an investment property. Named ...
Like-kind exchanges have been occurring in some form or fashion for over 100 years. More recently codified as a 1031 exchange, real estate investors continue to actively defer taxes when selling ...
A 1031 Exchange is a powerful tax-deferral strategy that allows real estate investors to sell an investment property and reinvest the proceeds into another like-kind property—without paying capital ...
Simplify your mortgage journey with a trusted lender. Explore Options Simplify your mortgage journey with a trusted lender. If you’re a real estate investor, you know that real estate comes with some ...