1031 Exchange Basics

Our team identified the best 1031 exchange companies in New York. Whether you’re doing a New York City 1031 exchange, a Long Island 1031 exchange, or an Albany 1031 exchange, we’ve got you covered.

Using a 1031 exchange involves exchanging one investment property for another without incurring immediate liability to pay any capital gains taxes on the property transactions. One of the key requirements of a 1031 exchange is that the same investor must be involved in both transactions. That means that the seller of the original investment property …

Read MoreCan a Single-Member LLC Do a 1031 Exchange? A Valuable Quick Guide

Whether you’re doing a 1031 exchange in Chicago, Naperville, Rockford, or elsewhere, these four Illinois 1031 exchange companies have you covered.

Overview of Delaware Statutory Trusts Delaware Statutory Trusts are a unique investment vehicle for multiple investors to purchase smaller shares of a real estate investment. They are typically treated as passive investment mechanisms through the use of a property management liaison to handle all of the operational aspects of renting out the property. Recently, these …

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Real estate investors are turning to the tax deferral benefits of a 1031 exchange in droves to avoid paying significant depreciation taxes upon the sale of their investment properties. Even bonus depreciation recapture is eligible for 1031 exchanges. This is the investment vehicle of choice when real estate investors plan to sell off a current …

Read MoreBonus Depreciation Recapture and 1031 Exchanges

A Sample Calculation of Depreciation Recapture Tax The primary reason why prudent real estate investors use a 1301 exchange is to lower their tax liability in a given year. Essentially, this tax-sheltering mechanism involves an investor exchanging one property for another like-kind property without incurring any tax liability from the exchange, unlike many other investment …

Read MoreDepreciation Recapture Example | How to Avoid With the 1031 Exchange

If you sell property that you have been using as rental property, you may have to pay depreciation recapture, which is why you need to account for depreciation of the property each year when you file your taxes. When you sell the property, figuring out how you are going to be taxed on the depreciation …

Read MoreDo I Pay Depreciation Recapture on the Sale of Rental Property for Loss?

Use a 1031 exchange to avoid depreciation recapture tax | Sell the rental property for a loss | Determining depreciation recapture tax | Avoiding depreciation recapture tax impact | FAQs  Most investors know capital gains taxes can take a big bite out of their profits from the sale of a rental property. But many don’t …

Read MoreHow To Avoid Depreciation Recapture Tax on Rental Property