Discover the 10 essential rules for using a 1031 exchange: timing deadlines, like-kind property requirements, tax deferral, what qualifies, and frequent pitfalls to avoid.

Selling real estate for more than you paid for it is a good thing, but the capital gain has tax consequences. If you used the property for business or held it as an ...

As promised, the IRS last month updated its guidance on the use of Starker exchanges for vacation homes. Such transactions, also known as like-kind exchanges or Section 1031 exchanges, allow owners of ...

Are you thinking about selling a business or investment property that could result in a substantial profit, and consequently, a large tax bill? You may be able to take advantage of a popular tax break ...

Section 1031 of the Internal Revenue Code allows you to avoid taxes on investment property when you buy another property – if you follow the rules. There are four ...

I hope everyone had an enjoyable and fun Labor Day weekend with family and friends! For many Long Island real estate investors, the 1031 exchange has become one of the most effective ways to grow ...

The 1031 exchange is a popular tactic that allows home sellers to avoid paying taxes. How it works: Money made from the sale of a property has to be quickly reinvested into another one. President Joe ...

Dear Liz: I am one-third owner of a vacation house. My siblings own the other two-thirds. We inherited the house from a parent about 10 years ago. I want to sell my third to my siblings, who are ...