NationalFinance Take Care When Using the 200% Identification Rule in a 1031 Exchange When using the 200% identification rule in a 1031 exchange, you can identify any number of properties only if their aggregate fair market value does…
MinnesotaFinance Does my vacation home or second home qualify for a 1031 Exchange? Whether or not your second home qualifies for 1031 exchange treatment depends on how you have been using the property and what your intent has…
NationalFinance 1031 versus 1033: Key differences in tax deferral Tax deferral is one of the most powerful strategies for real estate investors, but not all provisions of the Internal Revenue Code (IRC) work the…
MinnesotaFinance Practical tips for navigating 1031 exchanges Tax-deferred 1031 exchanges remain one of the most powerful strategies for real estate investors to preserve equity, reinvest gains, and build long-term wealth. Given both…
MinnesotaFinance The 7 Deadly Sins of 1031 Exchanges and How to Righteously Avoid Them In the realm of 1031 exchanges, few things are more dangerous than overconfidence. The tax code is complex, the timelines are rigid, and even savvy…
MinnesotaFinance The 1031 Exchange “Napkin Test”: A Simple Rule of Thumb for a Complex Tax Code The journey to finalizing a 1031 exchange can be complex and full of twists and turns. It might involve some rough and rocky paths with…