Learn the critical rules for 1031 exchanges when swapping farmland, dealing with family members or converting property to ...

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 ...

A 1031 exchange, named after Section 1031 of the U.S. Internal Revenue Code, is a strategic tool for deferring tax on capital gains. You can leverage it to sell an investment property and reinvest the ...

Yes, a vacation rental can qualify for a 1031 exchange, but not a purely personal vacation home. If you intend to use your property part of the year and rent it part of the year, follow the 14-day/10% ...

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 ...

A 1031 exchange is also referred to as a like-kind exchange because the replacement property must be of a like kind as the one you relinquish. The IRS considers real property to qualify as long as ...

HICKSVILLE, N.Y., June 20, 2019 /PRNewswire/ -- In today's real estate market, the prices of properties have reached an all-time high. Due to this, real estate investors have worked to utilize a ...

Midland 1031, headquartered in Fort Myers and Chicago, is celebrating 20 years in business. Midland 1031 is a 1031 exchange qualified intermediary. Formerly known as 1031 Tax Free Strategies, Midland ...

Gain from a couple’s disposition of agricultural property could not be deferred, even though the property was relinquished in a like-kind exchange that was properly executed, the Tax Court held. The ...

Q: How do I minimize taxes for my parents? They have a rental property and own it without a mortgage. They want to sell it to me. Here’s the problem: They want the money as a lump sum instead of ...