women doing taxes with calculator

Tax Reporting for 1031 Exchanges

  In this blog, Tax Reporting for 1031 Exchanges, we will summarize required like-kind exchange tax forms and comment further about how the filing date of your taxes may impact your like king exchange time-period. The IRS requires that you complete and file IRS Form 8824 which describes your 1031 Exchange transaction along with your tax return […]

REAL ESTATE EXIT STRATEGY: IMPORTANT DIFFERENCES IN CALCULATING TAX CONSEQUENCES WHEN SELLING RENTAL PROPERTIES

Too often we receive calls from rental property owners who have neglected to complete critical steps to execute a successful real estate exit strategy. Regretfully, we encounter many investors who have not fully considered the tax consequences of selling their rental properties. The sale of rental properties and the resulting tax consequences are more complex than the […]

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1031 EXCHANGE ISSUES WITH REITs

Real Estate Investment Trusts or REITs are one of the most popular forms of real estate investment. REITs have some similarities to DSTs since both are structured as a trust and have in-place management and other features that can cause investors to confuse the differences. REITs, DSTs and triple net properties can be suitable options for […]

1031 exchange DST vs TIC graphic

DSTs versus TICs: 1031 DST EXCHANGES & TIC INVESTMENTS

Many investors have had bad experiences with TIC investments and are interested in understanding why DSTs may be better. In this blog, we will provide some basic education on the key differences and relative benefits of TIC investments and 1031 DST exchanges. Loan Responsibilities – In a DST the sponsor or an affiliate trustee is the sole borrower and […]

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1031 EXCHANGE PROPERTIES – BASIC RULES

  1031 Exchange Properties Guide The origin of 1031 Exchanges dates to 1921 and the related provisions which permit tax deferrals have been extensively used by many taxpayers to save taxes. While specific details have evolved over time, there are basic rules outlined below which apply to almost all 1031 Exchanges and 1031 Exchange Properties Rule #1 – Both […]