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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...

Conducting a like-kind exchange under Section 1031 of the Internal Revenue Code (also referred to as a 1031 exchange) can provide access to substantial—and potentially indefinite—savings on federal income tax. But, strict...

If you own real estate in a foreign country, or if you are planning an acquisition in a foreign country, can you conduct a 1031 exchange to avoid triggering immediate capital gains tax liability in the U.S.? As a general...

If you are preparing to sell a piece of real estate, why should you consider a 1031 exchange? Under the right circumstances, working with a 1031 exchange expert instead of simply selling one asset and buying another can...

Section 1031 of the Internal Revenue Code (IRC) is a powerful tool for companies and individuals that invest in real estate. Under Section 1031, real estate investors can buy and sell properties without recognizing...

Conducting a 1031 exchange affords the opportunity to indefinitely defer recognizing gain (and thus indefinitely defer paying tax) when selling one real estate asset in order to acquire another. However, there are many...

Section 1031 of the Internal Revenue Code allows taxpayers to indefinitely defer gain on the sale of real estate held for business or investment purposes. As a general rule, this means that Section 1031 does not apply to...

The Tax Cuts and Jobs Act of 2017 was one of the most sweeping pieces of federal tax legislation in decades. It overhauled the federal tax code in numerous respects—making changes that were both beneficial and detrimental...

Conducting a 1031 exchange offers the opportunity to achieve significant tax savings. But, mistakes along the way can prevent you from claiming the tax benefits available under Section 1031 of the Internal Revenue Code (IRC)....