Exchanging Thoughts

It's All in the Math with 30 Year Leases

Posted by Ellie Trovato on Mon, Jan 21, 2019

When you think of a tax-deferred exchange, you often think of like-kind exchanges and what qualifies
as like-kind. This More, More Monday we will discuss 30 year leases, an often overlooked property that qualifies as like-kind in a 1031 exchange.

Read More

Topics: 1031 like-kind property, 1031 exchanges, 30 Year Leases

Tips on Identification Guidelines and Rules

Posted by Ellie Trovato on Tue, Jun 26, 2018

Exchangers often have questions about identifying replacement property. Today’s Tuesday Tip will discuss 1031 tax-deferred exchange identification guidelines.

Read More

Topics: 1031 like-kind property, 45-Day Identification Period, 200% Value Rule, Three property rule, Exchange identification rules

Exchanging Up and Increasing Cash Flow

Posted by Ellie Trovato on Wed, Jun 06, 2018

If you are reading this blog, you likely already know that a 1031 exchange allows you to defer the gain on the sale of a business use or investment property when exchanging it for like-kind property. What you may not know, is that it can allow you to exchange up, increasing your revenue stream and overall profitability. This Wealth Building Wednesday discusses the exchange of vacant land held for investment use into like-kind, revenue producing property.

Read More

Topics: like-kind property, benefits of 1031 exchange, 1031 like-kind property, Diversification, vacant land & 1031 exchange, vacant land, investment property

Top 1031 Exchange Misconceptions

Posted by Ellie Trovato on Tue, Jun 05, 2018

They say that knowledge is power and, nowadays, knowledge is at our fingertips. You can pick up your smartphone and find anything you wish by asking Siri or searching Google. Unfortunately, that doesn’t necessarily mean that Siri or Google are providing accurate information. The Exchange Team at 1031 CORP. are often asked to clarify misconceptions about 1031 exchanges. In today’s Tuesday Tip,  we will address the most common misconceptions about 1031 exchanges and make sure you know the truth so you can put the power of 1031 to work for you.

Read More

Topics: section 1031, Role of Qualified Intermediary, 1031 made easy, 1031 exchange misconceptions, 1031 like-kind property, tax-deferred exchanges

Diversify, Relocate, Consolidate…Yes, you can!

Posted by Ellie Trovato on Thu, May 24, 2018

Today everyone wants the latest and greatest of everything from homes to cars and electronics. Why not want the same for your real estate portfolio? On this Thankful Thursday, we are grateful for the true diversification of real estate assets a 1031 exchange provides.

Read More

Topics: like-kind property, 1031 like-kind property, Diversification of real estate assets, Relocation, Diversification

Step by Step, Keeping the Exchange Process Simple for You

Posted by Ellie Trovato on Fri, May 18, 2018

Every day we receive calls about how a 1031 tax-deferred exchange works and what steps are involved. On this Friday Free for All, I want to take a look at the exchange process and how simple it really is. In fact, it is simply the sale of business use or investment real property followed by the purchase of like-kind property linked together by paperwork.

Read More

Topics: section 1031, 1031 exchange process, 1031 Exchange, 1031 like-kind property, tax-deferred exchanges

What is Like-Kind to Real Estate?

Posted by Margo McDonnell on Mon, Oct 15, 2012

This More More Monday post discusses various examples of “real property” that can be exchanged with real estate. When we think of a 1031 tax-deferred exchange or “like-kind” exchange, we first think of exchanging real estate for real estate. And that is typically what is done. However, have you considered what the definition of “real property” is in a 1031 exchange or what types of property can be exchanged?

Read More

Topics: 1031 exchange rules, like-kind property, 1031 like-kind property

Real Property Means a Lot More than Real Estate

Posted by Margo McDonnell on Thu, Sep 13, 2012

On this Thankful Thursday, we are talking about various examples of “real property.” 

Read More

Topics: like-kind property, 1031 like-kind property