1031 Exchange

1031 Exchange Tax Deductions

1031 Exchange Tax Deferred | Avoid Capital Gains Taxes Forever

Monday, December 1, 2008
By Property Management Software

You can potentially avoid paying taxes forever by continuing to exchange your properties. When you get down to your final property, just don’t sell it, and it won’t get taxed. Or you can just move into the property and finally sell it as a personal residence to avoid paying taxes on the capital gain. There are several... »

Capital Gains Tax Planning | Principle Residence 1031 Exchange

Monday, December 1, 2008
By Property Management Software

If you sell a multiple-unit property which includes your primary residence, the sale may qualify for a 1031 exchange, and you may be entitled to the $250,000 exclusion on capital gains. Just treat each portion of the sale as a different transaction. For example, say you sold a duplex for a gain of $500,000 (assume... »

Capital Gains 1031 Exchange Tax Planning – Calculate Capital Gains, Minimize Taxable Boot!

Monday, December 1, 2008
By Property Management Software

You can minimize gain and lower tax burdens by accounting for sale expenses and exchange fees. By minimizing cash received and maximizing cash spent, you can minimize your deferred gain so you can owe less in taxes. To minimize cash received on your sold property, you should deduct all closing costs and commissions paid. Take... »

Capital Gains Tax Deferred | 1031 Exchange Tax Planning

Monday, December 1, 2008
By Property Management Software

When you sell rental property you will probably owe a 15% tax on the capital gain and a 25% tax on the depreciation recapture. You can defer the tax payments by doing a 1031 Exchange, in which your investment sale proceeds are reinvested into another investment property. A 1031 Exchange permits investment property owners to sell... »

1031 Exchange Tax Deferred | Tenants in Common

Monday, December 1, 2008
By Property Management Software

A Tenant-in-Common investment, or TIC, is fractional ownership in an institutional-quality property such as an office building, shopping mall, or luxury apartment complex. TICs can make money without all the hassles of residential rentals, so many burned-out landlords are seeking the benefits. Owners have all the benefits of owning real estate without the hassles of... »