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Real Estate Discusssion Forums
There’s more than one way to 1031 exchange investment property. This forum explores the various 1031 exchange structures and strategies available to real estate investors.
Acquire and hold title to your real or personal property in a California Title Holding Trust. The California Title Holding Trust provides a method for confidentially holding or owning real or personal property.
Ask the tax and legal experts how to defer the payment of your capital gain taxes from the sale of your real property, businesses, airplane or other property through a Deferred Sales Trust™.
Discussion regarding commercial real estate, including office, industrial, retail, warehouse, investment and multi-family real property.
Discussion of buying, holding and selling tenant-in-common investment properties as replacement property solutions for 1031 tax deferred exchanges.
Do you have questions or concerns about your wealth or leaving a legacy? How do you grow wealth prudently? How do you diversify? How do you protect your assets from "creditors, predators, in-laws and outlaws?" What is the best way to leave assets to heirs? How do I minimize my inome, capital gain, gift and estate taxes? What are the best ways to prepare my heirs to receive my assets? All this and more here....
Confused about investment real estate tax issues? Ask our real estate tax experts here!
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Looking for closure on questions about a real estate transaction? Here’s the place to look.
Have questions about short sales, foreclosures, trustee sales or loan or mortgage modifications and restructuring? Trying to decide which is the better way to go? Ask the experts here.
Are you in the middle of a 1031 Exchange and having trouble finding suitable like-kind replacement properties? This Forum is for you. See the TIC Investment Forum as well.
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You are correct. It depends on when you have the RIGHT to access or receive your 1031 Tax Deferred Exchange funds. Here is a link to our website that will address the issue in much greater detail: http://www.exeter1031.com/articles_failed_1031_exchange.aspx . The technical reason (for your CPA) is that Section 1031 of the Internal Revenue Code (1031...
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In 2009 I attemted to complete deferred like-kind exchange and I used qualified intermediary. My property had a mortgage which was paid off directly and the rest of the proceeds were deposited with the qualified intermediary. Unfortunatelly I was not able to locate suitable property in time and I failed the exchange in 2010. My tax preparer is trying...
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Hi Todd, Oh, sorry. Yes, you can absolutely sell a commercial property and then acquire an owner-user commercial property and buy into an upREIT. You would defer all of your taxes as long as the two (2) properties that you buy are equal to or greater in value and you have reinvested all of your cash/equity. You may also want to consider fractional ownership...
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Thanks for the quick reply. Let me clarify. Both locations are commercial property that are owner occupied. What is the time frame for this type of exchange? I've heard 180 days from the time of sale, and also 2 years.
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Hi Todd, It depends. First, you would need to 1031 Exchange into property that is held for rental or investment. You indicate "investment property" followed by "owner occupied". I'm assuming that you are referring to your primary residence in which case it is not investment property but your home and will not qualify for 1031...