480-675-0112
The Basics of 1031 Exchanges, Part Two.

The Basics of 1031 Exchanges, Part Two.

There are limits as to the type of properties that qualify for a 1031 Exchange. First, a seller must hold both the relinquished property and the replacement property “in a trade or business” or “for investment purposes.” The purpose of this rule is to ensure that...
Update on 2018 Tax Changes.

Update on 2018 Tax Changes.

1. Capital gains exclusion. In a huge win for current and prospective homeowners, current law is left in place on the capital gains exclusion of $250,000 for an individual and $500,000 for married couples on the sale of a home. Plans to make it much harder to qualify...
The Basics of 1031 Exchanges – Part One.

The Basics of 1031 Exchanges – Part One.

A 1031 exchange is a method to defer the payment of capital gains tax on commercial property. It involves a sale procedure where an owner sells a property and reinvests all of the sales proceeds into a new one, using a third party intermediary to complete the...