As investment strategies, they’re flexible and they’re popular. But 1031 exchanges can be complicated, too. We’ve assembled expert articles and videos to tell you exactly what they are and give you some ideas as to what types of investments may be included in a 1031 exchange.
HFO-TV: Toija Buetler of IPX1031 On The Basics of 1031 Exchanges
Start with the basics. This four minute video interview with Ms. Buetler is the perfect introduction.
Overview of IRC Section 1031 Exchanges
Expanding on the video, here the professionals at Equity Advantage delve further into the concepts of 1031 exchanges. Distinction is made between sales and exchanges, and the concept of “like kind” is further explored.
"For an exchange to be completely tax deferred, the value, equity and mortgage on the replacement property should be equal to or greater than that of the relinquished property."
1031 Exchange - Real Estate Investing Using Delayed 1031 Exchanges
Expert Frank Chen of REIClub discusses the benefits and potential challenges of using delayed 1031 exchanges with real estate. You’ll want to pay particular attention to the very specific deadlines you have to meet to qualify the transaction as a 1031 exchange.
If I Own Mineral Rights Can I Do A 1031 Exchange?
Combining two of today’s hottest investing topics, mineral rights can indeed be part of a 1031 exchange, subject to the same “like kind” restrictions imposed on all exchanges.
"Exchanges involving mineral interests, mineral leases and mineral royalties can be very beneficial...[and] can be achieved legally without paying taxes."
Now Might be the Perfect Time for a 1031 Exchange
Another great explanation of the exchange concept, the delayed exchange, and the qualified intermediary requirement. Author Brian Kline figures you’ve decided:
"...it’s time for you to invest in better properties. But you don’t want to pay the taxes...on property that you will sell to bring in capital to buy a better investment property. The answer you need is probably a 1031 Exchange."
An investment strategy as complicated as it is popular, the 1031 exchange is one of our specialties. Call today and we’ll talk about whether it’s a good strategy for you. You’ll be glad you put our nearly 90 years of experience on your team.