Exchanging Thoughts

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.

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

10 Steps to a 1031 Exchange and Tax Savings

Posted by Margo McDonnell on Fri, Jul 13, 2012

Many "first timers" are often intimidated by the 1031 exchange process at the on-set but raving about how easy it was at the end. An exchange is simply a sale transaction followed by a purchase transaction linked together by paperwork.   

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Topics: 1031 made easy, 1031 exchange process, 1031 exchanges