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Like-kind exchanges under Section 1031 of the Internal Revenue Code (IRC) provide real estate investors and businesses with the ability to achieve significant (and potentially indefinite) tax savings when selling existing...

Conducting a 1031 exchange provides the opportunity to indefinitely defer federal income tax liability from a series of real estate transactions. However, there are several pitfalls of which investors need to be aware, as...

When conducting a 1031 exchange, any gains you reinvest into the purchase of a replacement property are eligible for indefinite tax deferral. Conversely, any gains that you do not reinvest (which are classified as “boot”)...

A “build-to-suit” 1031 exchange is a specific type of like-kind exchange that involves both purchasing and improving a replacement property while maintaining indefinite tax deferral under Section 1031 of the Internal...

Delayed, reverse, and improvement 1031 exchanges are advanced strategies that allow businesses and real estate investors to achieve tax deferral under Section 1031 of the Internal Revenue Code (IRC) when they would otherwise...

The White House’s latest budget proposal for the 2025 fiscal year includes a $500,000 cap on capital gains tax deferral under Section 1031 of the Internal Revenue Code (IRC). Currently, Section 1031 allows real estate...

The end of 2024 is right around the corner. The end of the year is a time when many people do last-minute tax planning so that they can minimize their tax bill in April. Since 1031 exchanges offer significant tax benefits,...

Many real estate investors hold their properties in trusts. Trusts are popular estate planning tools as well, and, in many cases, children and other family members will inherit real estate that is held in a trust at the time...

You might decide to hold real estate in a limited liability company (LLC) for many reasons. Compared to other types of business entities, LLCs are relatively straightforward and require relatively little in terms of formal...

If you are planning on conducting a like-kind exchange, do you need a 1031 exchange facilitator? Do you need a qualified intermediary? Do you need both? What’s the difference? These are some of the most common questions we...