Calculating Tax Benefits in a 1031 Exchange
A 1031 Exchange is a powerful tax deferral tool for qualifying real estate transactions that requires precision in planning to achieve ...
Practical Application of Identification Rules in a 1031 Exchange
The identification phase in a 1031 Exchange is a critical step that needs careful consideration to maximize investment possibilities and guarantee ...
IRS Announces Tax Relief for Taxpayers Impacted by Hurricane Debby
In response to the destruction caused by Hurricane Debby, the IRS has announced extended tax relief for impacted Taxpayers within ...
Regulation of Foreign Ownership in U.S. Property and 1031 Exchanges
United States real estate has long been an attractive investment opportunity to foreign investors. When investing in real estate, the ...
Using a 1031 Exchange for Transferrable Development Rights
“Development Rights” are just that, the right to develop property within limits set forth by state or local law. Transferrable ...
Does an Exchange Cooperation Clause Constitute as Identification of Replacement Property for 1031 Exchange Purposes?
An Exchange Cooperation Clause was a critical implementation in the 1031 Exchange process, as non-simultaneous exchanges became more commonplace after the ...
1031 Exchange Services Can Grow and Add Revenue to Your Title Business
Accruit's proprietary 1031 Exchange platform, Managed Service, allows title companies, and others in the real estate industry, to offer 1031 exchange services ...
Real Estate: A Versatile Investment Strategy for All
Investing in real estate is a versatile and accessible strategy for individuals of any age and social class. It offers ...
The History of 1031 Exchanges
Gain a better understanding of the history of 1031 Exchanges and its evolution since becoming part of the Tax Code over 100 ...
What is the 75% Rule or “Substantially the Same” Rule in a 1031 Exchange?
This article dives into a lesser-known rule involving the acquisition of identified Replacement Property under the Regulations being substantially the ...
IRS Announces Tax Relief for West Virginia Taxpayers Impacted by Severe Storms
The IRS has issued tax relief for West Virginia residents and businesses that were impacted by severe storms, tornadoes, straight-line ...
IRS Announces Tax Relief for Kentucky Taxpayers Impacted by Severe Storms
The IRS has issued tax relief for Kentucky residents and businesses that were impacted by severe storms, tornadoes, straight-line winds, ...