How savvy investors use 1031s to defer capital gains and build wealth Robert Wood Tax is an attorney at WoodLLP. He is also the author of more than 30 books and numerous articles. David Kindness is a ...

Question: What is an Internal Revenue Code Section 1031 Like-Kind Exchange? Answer: Section 1031 of the Internal Revenue Code allows a taxpayer who owns business or investment real estate to “exchange ...

A 1031 real estate exchange, also known as a like-kind exchange, is a tax-deferral strategy used by real estate investors to defer capital gains taxes on the sale of an investment property. Named ...

Dear Liz: My husband and I are selling a commercial property for $600,000 and we have capital gains questions. Our Realtor said that we have 90 days to buy another property but suggested we don’t make ...

What Section 1031 does. Section 1031 lets you defer tax when you swap one investment or business real estate for another, as long as both are real property held for investment or productive use. Since ...

If you’re a real estate investor, one of the most beneficial tax strategies is using a 1031 exchange, known as a like-kind exchange, to postpone paying capital gains taxes on the sale of an investment ...

Kelly Alton, NES Financial Corp., San Jose, Calif. The capital-intensive nature of companies engaged in oil and gas operations and the liberal rules that determine the like-kind nature of oil and gas ...

Pennsylvania still presents a somewhat complicated landscape for IRC Section 1031 like-kind exchanges. However, it has moved in the right direction in conforming to the federal tax treatment for such ...

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Seasoned real estate tax attorney and CPA joins the firm’s Chicago office, bringing deep experience in DST structuring and ...