1031 Exchanges Started Later in the Year
Many taxpayers do not consider if there are any issues that may come up when starting a 1031 Exchange later in the year, but there can be.
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As your Qualified Intermediary, we make it our job to keep you in the know on all things 1031 Exchange. For recent news and industry updates, look no further.
Deferring Depreciation Recapture with a 1031 Exchange
It is common knowledge that a taxpayer can defer their federal and state capital gains by performing a 1031 Exchange. But many taxpayers forget that they will also defer their recapture of depreciation if handled properly.
Read moreConverting 1031 Exchange Property into your Personal Residence
The 1031 Exchange is a wonderful way to DEFER your taxes, but it does not eliminate them. So taxpayers will then get creative.
Read moreKey professionals you need on your team
A real estate investor does need key professionals that they can consult with to make sure they are getting all of the advantages in owning investment real estate.
Read moreThe Security 1st Exchange difference
As we are now half-way through 2023, we want to share some of the comments we hear most from our clients here at Security 1st Exchange.
Read moreSelling a property as your Personal Residence and as an investment
Under Internal Revenue Code Section 121, a married couple can sell their personal residence and avoid paying taxes on up to $500,000 of the gain (or $250,000 for a single taxpayer).
Read moreWhen is a Qualified Intermediary disqualified from facilitating a 1031 Exchange
Did you know that in some situations, a person cannot act as a Qualified Intermediary (QI) for your transaction?
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